Is Rochdale, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rochdale is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Rochdale was a Neutral Market.

Key Takeaway

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

Housing Prices in Rochdale, MA

How much do homes in Rochdale, MA cost?

Median Sold Price

$420,000

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,000(+3.4%)

Key Takeaway

Homes in Rochdale have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Rochdale was $420,000 in October 2024, up 3.4% from last year, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K-
N/A
2 $399.4K$425K
+6.4%
3 $406K$385K
-5.2%
4 $540K$420K
-22.2%
5+ $472K$767.5K
+62.6%

Summary: Rochdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 62.6%.

Median Sold Price Compared To Nearby Cities

Cherry Valley
+10.1%
Leicester
+7.6%
Rochdale
+3.4%
Auburn
+0.6%

Housing Supply in Rochdale, MA

How many homes are available in Rochdale, MA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107-30.0%

Summary: The Rochdale real estate market had 7 homes for sale in October 2024, a 30.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 31
-66.7%
3 31
-66.7%
4 23
+50.0%
5+ 11
0.0%

Summary: The Rochdale 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 66.7%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rochdale, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Rochdale in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Rochdale, MA

How long does it take to sell a home in Rochdale, MA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days8 Days-44.8%

Summary: Homes in Rochdale had an average of 8 days on market in Oct 2024, down by 44.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Rochdale are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Rochdale; 100% 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 20 Days Ago

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