Is Rockvale, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockvale is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Rockvale has remained a Seller's Market.

Key Takeaway

Rockvale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Rockvale, TN cost?

Median Sold Price

$417,500

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$70,500(+20.3%)

Key Takeaway

Homes in Rockvale have sold for 20.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 -$202.5K
N/A
2 $300K$330K
+10.0%
3 $343K$412.5K
+20.3%
4 $450.2K$685K
+52.1%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Unionville
+35.8%
Christiana
+31.4%
Murfreesboro
+25.8%
College Grove
+22.1%
Rockvale
+20.3%

How many homes are available in Rockvale, TN?

Number of Homes For Sale

Jul 2022Aug 2022%
1920+5.3%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 11
0.0%
2 00
0.0%
3 1514
-6.7%
4 24
+100.0%
5+ 11
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
59+80.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockvale, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Average Sale Time

Aug 2021Aug 2022%
3 Days13 Days+324.2%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Rockvale, TN

Number of homes for sale in Rockvale, TN real estate market have reached 20. In August 2022 in Rockvale, TN there were 5.3% more homes for sale than in July 2022. In August 2022, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $417,500. Between July 2022 and August 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 10%, prices of 3 bedrooms properties increased by 20.3%, the cost of 4 bedrooms properties went up by 52.1%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes did not move, 3 bedrooms homes became 6.7% less available, the quantity of 4 bedrooms homes went up by 100%, 5 bedrooms homes did not move. In August 2022, from all listings sold in Rockvale, TN there were more than 2 sold above asking price, over 3 sold below and more than 4 were sold right at the asked price.

Related Housing Market Reports