Is Rockville Center, 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, Rockville Center was a Buyer's Market.
Key Takeaway
Rockville Center 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 Rockville Center, NY
How much do homes in Rockville Center, NY cost?
Median Sold Price
$752,500
$422/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Rockville Center has remained the same since last year.
Summary: The median home sold price in Rockville Center was $752,500 in March 2024, down 0.3% from last year, and the median price per square foot was $422.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $304.5K | +6.8% |
| 2 Bedrooms | $377.5K | $392K | +3.8% |
| 3 Bedrooms | $753K | $775K | +2.9% |
| 4 Bedrooms | $987K | $948.5K | -3.9% |
| 5+ Bedrooms | $1.0M | $1.0M | -1.4% |
Summary: Rockville Center housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Town of Hempstead | $639.5K | $650.3K | +1.7% |
| Baldwin | $592K | $596K | +0.7% |
| Lakeview | $599.4K | $602.5K | 0.5% |
| Rockville Center | $755K | $752.5K | -0.3% |
Housing Supply in Rockville Center, NY
How many homes are available in Rockville Center, NY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 92 | 87 | -5.4% |
Summary: The Rockville Center real estate market had 87 homes for sale in March 2024, a 5.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 14 | -6.7% |
| 2 Bedrooms | 20 | 16 | -20.0% |
| 3 Bedrooms | 27 | 23 | -14.8% |
| 4 Bedrooms | 23 | 26 | +13.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Rockville Center housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockville Center, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Rockville Center in March 2024, down by 23.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 8% were sold at asking, and 31% were sold over asking.
Days on Market for Rockville Center, NY
How long does it take to sell a home in Rockville Center, NY?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 53 Days | 49 Days | -7.4% |
Summary: Homes in Rockville Center had an average of 49 days on market in Mar 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rockville Center has remained consistent over time.
Summary: During March 2024, 13 homes were sold in Rockville Center; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.