$3,563 Closing Credit*
$300,000
1,164 SqFt
3 Beds
•2 Full Baths
#1029900, Russell Edward Thompson, Listing Office: EXP Realty LLC
Is Rockledge, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Rockledge was a Seller's Market.
Key Takeaway
Rockledge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rockledge, FL
How much do homes in Rockledge, FL cost?
Median Sold Price
$379,990
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,949(+4.1%)
Key Takeaway
Homes in Rockledge have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Rockledge was $379,990 in October 2024, up 4.1% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $135K | +145.5% |
| 2 Bedrooms | $231.4K | $230K | -0.6% |
| 3 Bedrooms | $351.6K | $365K | +3.8% |
| 4 Bedrooms | $419.1K | $396.2K | -5.5% |
| 5+ Bedrooms | $492.5K | $474.9K | -3.6% |
Summary: Rockledge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 145.5%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Cities
| Rockledge | $365K | $379.9K | +4.1% |
| Merritt Island | $462.1K | $475.7K | +2.9% |
| Cocoa-Rockledge | $349.5K | $355.4K | +1.7% |
| Cocoa | $311.3K | $310K | -0.4% |
Housing Supply in Rockledge, FL
How many homes are available in Rockledge, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 338 | 332 | -1.8% |
Summary: The Rockledge real estate market had 332 homes for sale in October 2024, a 1.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 38 | 33 | -13.2% |
| 3 Bedrooms | 139 | 143 | +2.9% |
| 4 Bedrooms | 130 | 123 | -5.4% |
| 5+ Bedrooms | 29 | 31 | +6.9% |
Summary: The Rockledge 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 decreased by 13.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 39 | -40.9% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockledge, you may be able to get a good deal. 48.7% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Rockledge in October 2024, down by 40.9% month-over-month. Of the 39 sold homes, 49% were sold under asking, 46% were sold at asking, and 5% were sold over asking.
Days on Market for Rockledge, FL
How long does it take to sell a home in Rockledge, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 59 Days | +45.9% |
Summary: Homes in Rockledge had an average of 59 days on market in Oct 2024, up by 45.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rockledge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 39 homes were sold in Rockledge; 46% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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