Is Rockville, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Rockville was a Seller's Market.

Key Takeaway

Rockville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rockville, IN

How much do homes in Rockville, IN cost?

Median Sold Price

$190,000

$86/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+5.6%)

Key Takeaway

Homes in Rockville have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Rockville was $190,000 in November 2024, up 5.6% from last year, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $80.2K$228.5K
+184.7%
2 $127.5K$82.5K
-35.3%
3 $204K$235K
+15.2%
4 $565.5K$193.5K
-65.8%
5+ $460K$374.5K
-18.6%

Summary: Rockville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 184.7%, 2 bedroom homes decreased by 35.3%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 65.8%, and 5+ bedroom homes decreased by 18.6%.

Median Sold Price Compared To Nearby Cities

Adams Township
+21.1%
Rockville
+5.6%

Housing Supply in Rockville, IN

How many homes are available in Rockville, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3031+3.3%

Summary: The Rockville real estate market had 31 homes for sale in November 2024, a 3.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1214
+16.7%
4 1011
+10.0%
5+ 10
-100.0%

Summary: The Rockville 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 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Rockville in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rockville, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
167 Days71 Days-57.1%

Summary: Homes in Rockville had an average of 71 days on market in Nov 2024, down by 57.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Rockville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in Rockville, IN

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