Is Rockdale, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Rockdale was a Seller's Market.
Housing Prices in Rockdale, TX
How much do homes in Rockdale, TX cost?
Median Sold Price
$225,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rockdale was $225,000 in May 2024, up 12.5% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $155K | +106.7% |
2 Bedrooms | $155K | $175K | +12.9% |
3 Bedrooms | $201.5K | $227.5K | +12.9% |
4 Bedrooms | $285K | $380K | +33.3% |
5+ Bedrooms | - | - | N/A |
Summary: Rockdale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 106.7%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 33.3%, 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
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 57 | +11.8% |
Summary: The Rockdale real estate market had 57 homes for sale in May 2024, a 11.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 29 | 30 | +3.4% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Rockdale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Rockdale in May 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 59 Days | +4.4% |
Summary: Homes in Rockdale had an average of 59 days on market in May 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Rockdale; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.