Is Rockaway Beach, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockaway Beach is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Rockaway Beach, MO

How much do homes in Rockaway Beach, MO cost?

Median Sold Price

$176,000

-

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$10,250(-5.5%)

Key Takeaway

Homes in Rockaway Beach have sold for 5.5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $109.9K-
N/A
2 $173K$158.8K
-8.2%
3 $189.9K$180K
-5.2%
4 $208.7K$287K
+37.5%
5+ -$205K
N/A

Summary: Rockaway Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Scott Township
+9.3%
Jasper Township
+3.8%
Merriam Woods
-1.6%
Swan Township
-4.0%
Rockaway Beach
-5.5%

Housing Supply in Rockaway Beach, MO

How many homes are available in Rockaway Beach, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1411-21.4%

Summary: The Rockaway Beach real estate market had 11 homes for sale in May 2024, a 21.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 75
-28.6%
4 00
0.0%
5+ 00
0.0%

Summary: The Rockaway Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockaway Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rockaway Beach in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rockaway Beach, MO

How long does it take to sell a home in Rockaway Beach, MO?

Average Sale Time

May 2023May 2024CHANGE
14 Days87 Days+500.0%

Summary: Homes in Rockaway Beach had an average of 87 days on market in May 2024, up by 500% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rockaway Beach has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Rockaway Beach; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 8 Days Ago

Newest Listings in Rockaway Beach, MO

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