$10,000 Closing Credit*
$1,496,250
3,524 SqFt
3 Beds
•3 Full Baths
#73320290, Carol St. Pierre, Listing Office: Tache Real Estate, Inc.
Is Rockport, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Rockport has remained a Seller's Market.
Key Takeaway
Rockport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rockport, MA
How much do homes in Rockport, MA cost?
Median Sold Price
$774,000
$535/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,750(+7.9%)
Key Takeaway
Homes in Rockport have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Rockport was $774,000 in November 2024, up 7.9% from last year, and the median price per square foot was $535.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $402.5K | $422.5K | +5.0% |
| 2 Bedrooms | $549K | $695.5K | +26.7% |
| 3 Bedrooms | $829K | $777K | -6.3% |
| 4 Bedrooms | $837.5K | $1.3M | +63.9% |
| 5+ Bedrooms | $1.9M | $1.3M | -32.0% |
Summary: Rockport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 26.7%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 63.9%, and 5+ bedroom homes decreased by 32%.
Median Sold Price Compared To Nearby Cities
| Gloucester | $620K | $688K | +11.0% |
| Rockport | $717.2K | $774K | +7.9% |
Housing Supply in Rockport, MA
How many homes are available in Rockport, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Rockport real estate market had 26 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Rockport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockport, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Rockport in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for Rockport, MA
How long does it take to sell a home in Rockport, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 28 Days | -47.8% |
Summary: Homes in Rockport had an average of 28 days on market in Nov 2024, down by 47.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rockport are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Rockport; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
