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 October 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

$421/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+2.9%)

Key Takeaway

Homes in Rohnert Park have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Rohnert Park was $720,000 in October 2024, up 2.9% from last year, and the median price per square foot was $421.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $310K$300K
-3.2%
2 $445K$425K
-4.5%
3 $700K$725K
+3.6%
4 $794.5K$805K
+1.3%
5+ $880K$925K
+5.1%

Summary: Rohnert Park housing prices by bedroom type for October 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 3.6%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Penngrove
+10.6%
Rohnert Park
+2.9%
Cotati
-0.4%

Housing Supply in Rohnert Park, CA

How many homes are available in Rohnert Park, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9993-6.1%

Summary: The Rohnert Park real estate market had 93 homes for sale in October 2024, a 6.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2426
+8.3%
3 4140
-2.4%
4 2922
-24.1%
5+ 44
0.0%

Summary: The Rohnert Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2735+29.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

9 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. 37.1% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Rohnert Park in October 2024, up by 29.6% month-over-month. Of the 35 sold homes, 37% were sold under asking, 37% were sold at asking, and 26% were sold over asking.

Days on Market for Rohnert Park, CA

How long does it take to sell a home in Rohnert Park, CA?

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 Rohnert Park has remained consistent over time.

Summary: During October 2024, 35 homes were sold in Rohnert Park; 0% of homes were sold within 30 days, 3% 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 16 Days Ago

Newest Listings in Rohnert Park, CA

Nearby Markets to Rohnert Park, CA