Is Rockville Center, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rockville Center has remained a Seller's Market.
Housing Prices in Rockville Center, NY
How much do homes in Rockville Center, NY cost?
Median Sold Price
$745,000
$433/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rockville Center was $745,000 in May 2024, down 1.1% from last year, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $289.5K | $309K | +6.7% |
2 Bedrooms | $390K | $396.5K | +1.7% |
3 Bedrooms | $762.5K | $779K | +2.2% |
4 Bedrooms | $935K | $960K | +2.7% |
5+ Bedrooms | $1.0M | $1.0M | 0.0% |
Summary: Rockville Center housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
South Hempstead | $600K | $627.5K | +4.6% |
Town of Hempstead | $636.8K | $665K | +4.4% |
Baldwin | $591K | $599.5K | +1.4% |
Lakeview | $598K | $605K | +1.2% |
Rockville Center | $753K | $745K | -1.1% |
Housing Supply in Rockville Center, NY
How many homes are available in Rockville Center, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
108 | 126 | +16.7% |
Summary: The Rockville Center real estate market had 126 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 19 | +35.7% |
2 Bedrooms | 14 | 13 | -7.1% |
3 Bedrooms | 31 | 36 | +16.1% |
4 Bedrooms | 38 | 43 | +13.2% |
5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Rockville Center housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 22 | +83.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Rockville Center in May 2024, up by 83.3% month-over-month. Of the 22 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 62 Days | +33.0% |
Summary: Homes in Rockville Center had an average of 62 days on market in May 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 22 homes were sold in Rockville Center; 50% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.