Is Rockland County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Rockland County was a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226.5K | $250K | +10.4% |
2 Bedrooms | $358.3K | $390K | +8.8% |
3 Bedrooms | $515K | $560K | +8.7% |
4 Bedrooms | $654.5K | $700K | +7.0% |
5+ Bedrooms | $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 | $380.5K | $407.4K | +7.0% |
Putnam County | $450K | $476.7K | +5.9% |
Rockland County | $580.1K | $612.3K | +5.5% |
Westchester County | $650.4K | $681K | +4.7% |
Housing Supply in Rockland County, NY
How many homes are available in Rockland County, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
861 | 942 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 67 | 72 | +7.5% |
2 Bedrooms | 103 | 114 | +10.7% |
3 Bedrooms | 183 | 201 | +9.8% |
4 Bedrooms | 264 | 293 | +11.0% |
5+ Bedrooms | 244 | 262 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
122 | 145 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 46 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
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.