Is Rockland, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockland is a neutral's market

Buyer's
Market

Difference Since March 2023

Since last year, Rockland has remained a Neutral Market.

Key Takeaway

Rockland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Rockland, NY

How much do homes in Rockland, NY cost?

Median Sold Price

$292,500

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$17,500(+6.4%)

Key Takeaway

Homes in Rockland have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Rockland was $292,500 in March 2024, up 6.4% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $145K$237.5K
+63.8%
2 $318K$360K
+13.2%
3 $270K$320K
+18.5%
4 $315K$249K
-21.0%
5+ $212K$260K
+22.6%

Summary: Rockland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.8%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes increased by 22.6%.

Median Sold Price Compared To Nearby Cities

Livingston Manor
+15.9%
Rockland
+6.4%
Parksville
-4.2%
Roscoe
-30.1%

Housing Supply in Rockland, NY

How many homes are available in Rockland, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2526+4.0%

Summary: The Rockland real estate market had 26 homes for sale in March 2024, a 4.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 54
-20.0%
3 1314
+7.7%
4 32
-33.3%
5+ 23
+50.0%

Summary: The Rockland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockland, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Rockland in March 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Rockland, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
135 Days130 Days-3.5%

Summary: Homes in Rockland had an average of 130 days on market in Mar 2024, down by 3.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 4 homes were sold in Rockland; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

Newest Listings in Rockland, NY

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