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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockland County is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Rockland County was a Seller's Market.

Key Takeaway

Rockland County 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 County, NY

How much do homes in Rockland County, NY cost?

Median Sold Price

$612,375

$317/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$32,188(+5.5%)

Key Takeaway

Homes in Rockland County have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Rockland County was $612,375 in March 2024, up 5.5% from last year, and the median price per square foot was $317.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $226.5K$250K
+10.4%
2 $358.3K$390K
+8.8%
3 $515K$560K
+8.7%
4 $654.5K$700K
+7.0%
5+ $821.2K$888.6K
+8.2%

Summary: Rockland County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Counties

Orange County
+7.0%
Putnam County
+5.9%
Rockland County
+5.5%
Westchester County
+4.7%

Housing Supply in Rockland County, NY

How many homes are available in Rockland County, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
861942+9.4%

Summary: The Rockland County real estate market had 942 homes for sale in March 2024, a 9.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 6772
+7.5%
2 103114
+10.7%
3 183201
+9.8%
4 264293
+11.0%
5+ 244262
+7.4%

Summary: The Rockland County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 7.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
122145+18.9%

Asking Price vs. Sold Price

64 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

60 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockland County, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 145 homes were sold or pending in Rockland County in March 2024, up by 18.9% month-over-month. Of the 145 sold homes, 44% were sold under asking, 14% were sold at asking, and 41% were sold over asking.

Days on Market for Rockland County, NY

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

Average Sale Time

Mar 2023Mar 2024CHANGE
52 Days46 Days-12.2%

Summary: Homes in Rockland County had an average of 46 days on market in Mar 2024, down by 12.2% compared to last year.

Breakdown of Home Sale Times

68 Homes Were Sold
Under 30 Days

53 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rockland County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 145 homes were sold in Rockland County; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 17% 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 24 Days Ago

Newest Listings in Rockland County, NY

Nearby Markets to Rockland County, NY

What housing markets are near Rockland County, NY?