Is Rock Hill, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Hill is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Rock Hill has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rock Hill, MO

How much do homes in Rock Hill, MO cost?

Median Sold Price

$305,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$16,550(+5.7%)

Key Takeaway

Homes in Rock Hill have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Rock Hill was $305,000 in October 2024, up 5.7% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $195K$185K
-5.1%
2 $267.5K$262K
-2.1%
3 $316K$335K
+6.0%
4 $366K$360K
-1.6%
5+ $625K$830K
+32.8%

Summary: Rock Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 32.8%.

Median Sold Price Compared To Nearby Cities

Clayton Township
+8.6%
Brentwood
+8.3%
Rock Hill
+5.7%
Glendale
+4.7%
Warson Woods
-6.8%

Housing Supply in Rock Hill, MO

How many homes are available in Rock Hill, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
26260.0%

Summary: The Rock Hill real estate market had 26 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 106
-40.0%
3 67
+16.7%
4 810
+25.0%
5+ 23
+50.0%

Summary: The Rock Hill 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 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Hill, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Rock Hill in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.

Days on Market for Rock Hill, MO

How long does it take to sell a home in Rock Hill, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days14 Days-39.8%

Summary: Homes in Rock Hill had an average of 14 days on market in Oct 2024, down by 39.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rock Hill are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Rock Hill; 89% of homes were sold within 30 days, 11% 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 16 Days Ago

Newest Listings in Rock Hill, MO

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