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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockville is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Rockville was a Seller's Market.

Key Takeaway

Rockville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Rockville, IN

How much do homes in Rockville, IN cost?

Median Sold Price

$235,000

$86/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$42,500(-15.3%)

Key Takeaway

Homes in Rockville have sold for 15.3% less than they did a month ago.

Summary: The median home sold price in Rockville was $235,000 in October 2024, down 15.3% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $219K$10K
-95.4%
3 $472.5K$235K
-50.3%
4 $252.5K-
N/A
5+ $680K$400K
-41.2%

Summary: Rockville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 95.4%, 3 bedroom homes decreased by 50.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 41.2%.

Median Sold Price Compared To Nearby Cities

Rockville
-15.3%
Adams Township
-24.0%

Housing Supply in Rockville, IN

How many homes are available in Rockville, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2830+7.1%

Summary: The Rockville real estate market had 30 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 1312
-7.7%
4 810
+25.0%
5+ 21
-50.0%

Summary: The Rockville 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 40%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Rockville in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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

Sep 2024Oct 2024CHANGE
53 Days165 Days+212.7%

Summary: Homes in Rockville had an average of 165 days on market in Oct 2024, up by 212.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Rockville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 5 homes were sold in Rockville; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 20 Days Ago

Newest Listings in Rockville, IN

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