$265,000
2.01 Acres
Land
Jenni Comer, Listing Office: Real Broker LLC
Is Rockville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rockville has remained a Buyer's Market.
Key Takeaway
Rockville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rockville, VA
How much do homes in Rockville, VA cost?
Median Sold Price
$638,679
$301/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$100,679(+18.7%)
Key Takeaway
Homes in Rockville have sold for 18.7% more than they did a month ago.
Summary: The median home sold price in Rockville was $638,679 in September 2024, up 18.7% from last month, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $626.2K | N/A |
| 3 Bedrooms | $768.3K | $648.7K | -15.6% |
| 4 Bedrooms | $493.5K | $645K | +30.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Rockville housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes did not change.
Housing Supply in Rockville, VA
How many homes are available in Rockville, VA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 25 | 32 | +28.0% |
Summary: The Rockville real estate market had 32 homes for sale in September 2024, a 28.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Rockville housing inventory by bedroom type for September 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 42.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockville, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Rockville in September 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Rockville, VA
How long does it take to sell a home in Rockville, VA?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 35 Days | 83 Days | +137.1% |
Summary: Homes in Rockville had an average of 83 days on market in Sep 2024, up by 137.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rockville has remained consistent over time.
Summary: During September 2024, 4 homes were sold in Rockville; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX 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. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved