Is Rohnert Park, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rohnert Park is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Rohnert Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rohnert Park, CA

How much do homes in Rohnert Park, CA cost?

Median Sold Price

$720,000

$417/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,375(+2.6%)

Key Takeaway

Homes in Rohnert Park have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Rohnert Park was $720,000 in November 2024, up 2.6% from last year, and the median price per square foot was $417.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $310K$300K
-3.2%
2 $445K$425K
-4.5%
3 $703K$725K
+3.1%
4 $787.4K$812.5K
+3.2%
5+ $875K$946K
+8.1%

Summary: Rohnert Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Rohnert Park
+2.6%
Cotati
-3.0%

Housing Supply in Rohnert Park, CA

How many homes are available in Rohnert Park, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9582-13.7%

Summary: The Rohnert Park real estate market had 82 homes for sale in November 2024, a 13.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2621
-19.2%
3 4331
-27.9%
4 2227
+22.7%
5+ 43
-25.0%

Summary: The Rohnert Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 19.2%, 3 bedroom homes decreased by 27.9%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3524-31.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rohnert Park, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Rohnert Park in November 2024, down by 31.4% month-over-month. Of the 24 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.

Days on Market for Rohnert Park, CA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Rohnert Park, CA

Nearby Markets to Rohnert Park, CA