Is Rockdale, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockdale is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Rockdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rockdale, TX

How much do homes in Rockdale, TX cost?

Median Sold Price

$227,500

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$27,500(+13.8%)

Key Takeaway

Homes in Rockdale have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in Rockdale was $227,500 in March 2024, up 13.8% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $75K$155K
+106.7%
2 $158K$152K
-3.8%
3 $225K$225K
0.0%
4 $285K$365K
+28.1%
5+ --
N/A

Summary: Rockdale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.7%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes did not change.

Housing Supply in Rockdale, TX

How many homes are available in Rockdale, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5155+7.8%

Summary: The Rockdale real estate market had 55 homes for sale in March 2024, a 7.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 1111
0.0%
3 2630
+15.4%
4 1010
0.0%
5+ 33
0.0%

Summary: The Rockdale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockdale, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Rockdale in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Rockdale, TX

How long does it take to sell a home in Rockdale, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
75 Days65 Days-12.4%

Summary: Homes in Rockdale had an average of 65 days on market in Mar 2024, down by 12.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 7 homes were sold in Rockdale; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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 27 Days Ago

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