Is Vernon Rockville, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vernon Rockville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Vernon Rockville, CT

How much do homes in Vernon Rockville, CT cost?

Median Sold Price

$308,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,166(+13.7%)

Key Takeaway

Homes in Vernon Rockville have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Vernon Rockville was $308,000 in November 2024, up 13.7% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $99.5K$140K
+40.7%
2 $185K$215K
+16.2%
3 $288K$329.9K
+14.5%
4 $345K$360K
+4.3%
5+ $310K$344K
+11.0%

Summary: Vernon Rockville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.7%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Cities

Vernon
+14.1%
Vernon Rockville
+13.7%
Manchester
+10.7%
South Windsor
+9.7%
Bolton
+8.8%

Housing Supply in Vernon Rockville, CT

How many homes are available in Vernon Rockville, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7464-13.5%

Summary: The Vernon Rockville real estate market had 64 homes for sale in November 2024, a 13.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 1718
+5.9%
3 2723
-14.8%
4 1613
-18.8%
5+ 107
-30.0%

Summary: The Vernon Rockville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 30%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2519-24.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vernon Rockville, you could pay more than the asking price. 73.7% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Vernon Rockville in November 2024, down by 24.0% month-over-month. Of the 19 sold homes, 11% were sold under asking, 16% were sold at asking, and 74% were sold over asking.

Days on Market for Vernon Rockville, CT

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 3 Days Ago

Newest Listings in Vernon Rockville, CT

Nearby Markets to Vernon Rockville, CT

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