Is Rockville Center, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockville Center is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

-$8,000(-1.1%)

Key Takeaway

Homes in Rockville Center have sold for 1.1% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $289.5K$309K
+6.7%
2 $390K$396.5K
+1.7%
3 $762.5K$779K
+2.2%
4 $935K$960K
+2.7%
5+ $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
+4.6%
Town of Hempstead
+4.4%
Baldwin
+1.4%
Lakeview
+1.2%
Rockville Center
-1.1%

Housing Supply in Rockville Center, NY

How many homes are available in Rockville Center, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
108126+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

# BEDSApr 2024May 2024CHANGE
1 1419
+35.7%
2 1413
-7.1%
3 3136
+16.1%
4 3843
+13.2%
5+ 1115
+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 2024May 2024CHANGE
1222+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockville Center, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

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 2023May 2024CHANGE
46 Days62 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 1 Day Ago

Newest Listings in Rockville Center, NY

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