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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rochdale is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Rochdale was a Seller's Market.

Key Takeaway

Rochdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rochdale, NY

How much do homes in Rochdale, NY cost?

Median Sold Price

$710,000

$432/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$16,200(+2.3%)

Key Takeaway

Homes in Rochdale have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Rochdale was $710,000 in December 2024, up 2.3% from last year, and the median price per square foot was $432.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $214K$189K
-11.7%
2 $465K$535K
+15.1%
3 $600.5K$612.5K
+2.0%
4 $696.9K$700K
0.4%
5+ $860K$902.5K
+4.9%

Summary: Rochdale housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Neighborhoods

South Jamaica
+6.4%
Southeastern Queens
+5.3%
Rochdale
+2.3%
Locust Manor
+1.2%
Springfield Gardens
-9.7%

Housing Supply in Rochdale, NY

How many homes are available in Rochdale, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6469+7.8%

Summary: The Rochdale real estate market had 69 homes for sale in December 2024, a 7.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 77
0.0%
3 1616
0.0%
4 78
+14.3%
5+ 3438
+11.8%

Summary: The Rochdale housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
550.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rochdale, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Rochdale in December 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Rochdale, NY

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

Average Sale Time

Dec 2023Dec 2024CHANGE
68 Days30 Days-55.3%

Summary: Homes in Rochdale had an average of 30 days on market in Dec 2024, down by 55.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rochdale has remained consistent over time.

Summary: During December 2024, 5 homes were sold in Rochdale; 20% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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