$3,918 Closing Credit*
$329,900
1,000 SqFt
4 Beds
•2 Full Baths
Jonathan Minerick, Listing Office: Homecoin.com
Is Rock Hall, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Rock Hall was a Seller's Market.
Key Takeaway
Rock Hall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rock Hall, MD
How much do homes in Rock Hall, MD cost?
Median Sold Price
$356,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$59,750(+20.2%)
Key Takeaway
Homes in Rock Hall have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in Rock Hall was $356,000 in November 2024, up 20.2% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $70K | +7.7% |
| 2 Bedrooms | $225K | $249K | +10.7% |
| 3 Bedrooms | $298.7K | $340.5K | +14.0% |
| 4 Bedrooms | $272.4K | $550K | +101.9% |
| 5+ Bedrooms | $880K | $960.5K | +9.1% |
Summary: Rock Hall housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 101.9%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in Rock Hall, MD
How many homes are available in Rock Hall, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 37 | +8.8% |
Summary: The Rock Hall real estate market had 37 homes for sale in November 2024, a 8.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Rock Hall housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 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 Rock Hall, 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 Rock Hall in November 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 Rock Hall, MD
How long does it take to sell a home in Rock Hall, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 97 Days | 48 Days | -49.9% |
Summary: Homes in Rock Hall had an average of 48 days on market in Nov 2024, down by 49.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rock Hall has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Rock Hall; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
