Is Rock Hill, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Hill is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Rock Hill was a Buyer's Market.

Key Takeaway

Rock Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rock Hill, NY

How much do homes in Rock Hill, NY cost?

Median Sold Price

$364,500

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$29,550(+8.8%)

Key Takeaway

Homes in Rock Hill have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Rock Hill was $364,500 in March 2024, up 8.8% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $239.5K$261K
+9.0%
3 $295K$300K
+1.7%
4 $381.5K$443K
+16.1%
5+ $604.3K$425K
-29.7%

Summary: Rock Hill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 29.7%.

Median Sold Price Compared To Nearby Cities

Mountain Dale
+19.6%
Fallsburg
+10.0%
Rock Hill
+8.8%
Thompson
+4.0%

Housing Supply in Rock Hill, NY

How many homes are available in Rock Hill, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
24240.0%

Summary: The Rock Hill real estate market had 24 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 810
+25.0%
4 1311
-15.4%
5+ 12
+100.0%

Summary: The Rock Hill housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Rock Hill in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rock Hill, NY

How long does it take to sell a home in Rock Hill, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
84 Days103 Days+23.1%

Summary: Homes in Rock Hill had an average of 103 days on market in Mar 2024, up by 23.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Rock Hill are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 5 homes were sold in Rock Hill; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Rock Hill, NY

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