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 December 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

$301,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$26,000(+9.5%)

Key Takeaway

Homes in Vernon Rockville have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Vernon Rockville was $301,000 in December 2024, up 9.5% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $100K$145K
+45.0%
2 $186K$215K
+15.6%
3 $292K$330K
+13.0%
4 $350K$355K
+1.4%
5+ $324K$313.7K
-3.2%

Summary: Vernon Rockville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Cities

Manchester
+10.6%
Vernon
+10.0%
Vernon Rockville
+9.5%
Bolton
+8.9%
South Windsor
+8.2%

Housing Supply in Vernon Rockville, CT

How many homes are available in Vernon Rockville, CT?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7155-22.5%

Summary: The Vernon Rockville real estate market had 55 homes for sale in December 2024, a 22.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 42
-50.0%
2 1812
-33.3%
3 2622
-15.4%
4 1412
-14.3%
5+ 97
-22.2%

Summary: The Vernon Rockville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2025+25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

17 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. 68% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in Vernon Rockville in December 2024, up by 25.0% month-over-month. Of the 25 sold homes, 20% were sold under asking, 12% were sold at asking, and 68% were sold over asking.

Days on Market for Vernon Rockville, CT

How long does it take to sell a home in Vernon Rockville, CT?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Vernon Rockville are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 25 homes were sold in Vernon Rockville; 4% of homes were sold within 30 days, 0% 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 Vernon Rockville, CT

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