Is Rochdale, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rochdale has remained a Buyer's Market.
Housing Prices in Rochdale, NY
How much do homes in Rochdale, NY cost?
Median Sold Price
$675,000
$422/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rochdale was $675,000 in April 2024, down 2.4% from last year, and the median price per square foot was $422.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $194.5K | $189K | -2.8% |
2 Bedrooms | $495K | $509K | +2.8% |
3 Bedrooms | $608K | $565K | -7.1% |
4 Bedrooms | $713.5K | $697.5K | -2.2% |
5+ Bedrooms | $900K | $860K | -4.4% |
Summary: Rochdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Neighborhoods
Southeastern Queens | $650K | $664.5K | +2.2% |
Springfield Gardens | $760K | $772.5K | +1.6% |
South Jamaica | $649.9K | $660K | +1.5% |
Rochdale | $691.4K | $675K | -2.4% |
Housing Supply in Rochdale, NY
How many homes are available in Rochdale, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 82 | +7.9% |
Summary: The Rochdale real estate market had 82 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 15 | 14 | -6.7% |
5+ Bedrooms | 34 | 40 | +17.6% |
Summary: The Rochdale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Rochdale in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Rochdale, NY
How long does it take to sell a home in Rochdale, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
96 Days | 243 Days | +151.5% |
Summary: Homes in Rochdale had an average of 243 days on market in Apr 2024, up by 151.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Rochdale; 20% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.