$10,000 Closing Credit*
$879,900
2,300 SqFt
3 Beds
•2 Full Baths, 1 Partial
#73310544, Mark Vadala, Listing Office: Vadala Real Estate
Is Rockport, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rockport has remained a Neutral Market.
Key Takeaway
Rockport 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 Rockport, MA
How much do homes in Rockport, MA cost?
Median Sold Price
$785,000
$536/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,000(+4.7%)
Key Takeaway
Homes in Rockport have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Rockport was $785,000 in October 2024, up 4.7% from last year, and the median price per square foot was $536.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $402.5K | $422.5K | +5.0% |
| 2 Bedrooms | $550K | $686K | +24.7% |
| 3 Bedrooms | $835K | $795K | -4.8% |
| 4 Bedrooms | $825K | $1.3M | +69.1% |
| 5+ Bedrooms | $1.9M | $1.0M | -44.6% |
Summary: Rockport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 24.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 69.1%, and 5+ bedroom homes decreased by 44.6%.
Median Sold Price Compared To Nearby Cities
| Gloucester | $620K | $677.5K | +9.3% |
| Rockport | $750K | $785K | +4.7% |
Housing Supply in Rockport, MA
How many homes are available in Rockport, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 30 | +7.1% |
Summary: The Rockport 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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 7 | +75.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Rockport housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rockport, 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 Rockport in October 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 36 Days | +5.9% |
Summary: Homes in Rockport had an average of 36 days on market in Oct 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rockport has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Rockport; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
