Is Rockville Centre, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Rockville Centre was a Neutral Market.
Housing Prices in Rockville Centre, NY
How much do homes in Rockville Centre, NY cost?
Median Sold Price
$754,625
$419/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Rockville Centre was $754,625 in February 2024, up 3.4% from last year, and the median price per square foot was $419.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $305K | +7.0% |
2 Bedrooms | $380K | $388.2K | +2.2% |
3 Bedrooms | $750.5K | $773K | +3.0% |
4 Bedrooms | $935K | $940K | 0.5% |
5+ Bedrooms | $1.0M | $1.0M | -3.8% |
Summary: Rockville Centre housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
Lynbrook | $600K | $640K | +6.7% |
Rockville Centre | $730K | $754.6K | +3.4% |
East Rockaway | $585K | $589K | +0.7% |
Housing Supply in Rockville Centre, NY
How many homes are available in Rockville Centre, NY?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
104 | 101 | -2.9% |
Summary: The Rockville Centre real estate market had 101 homes for sale in February 2024, a 2.9% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 16 | 0.0% |
2 Bedrooms | 22 | 21 | -4.5% |
3 Bedrooms | 37 | 32 | -13.5% |
4 Bedrooms | 25 | 24 | -4.0% |
5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Rockville Centre housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Rockville Centre in February 2024, down by 5.3% month-over-month. Of the 18 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Rockville Centre, NY
How long does it take to sell a home in Rockville Centre, NY?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
55 Days | 71 Days | +28.0% |
Summary: Homes in Rockville Centre had an average of 71 days on market in Feb 2024, up by 28% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 18 homes were sold in Rockville Centre; 33% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.