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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Hill is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Rock Hill, NY

How much do homes in Rock Hill, NY cost?

Median Sold Price

$400,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$41,000(+11.4%)

Key Takeaway

Homes in Rock Hill have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Rock Hill was $400,000 in October 2024, up 11.4% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $245K$236.1K
-3.6%
3 $318K$312.5K
-1.7%
4 $420K$451.8K
+7.6%
5+ $425K-
N/A

Summary: Rock Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Thompson
+22.9%
Rock Hill
+11.4%
Fallsburg
+7.0%
Mountain Dale
+5.4%

Housing Supply in Rock Hill, NY

How many homes are available in Rock Hill, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3132+3.2%

Summary: The Rock Hill real estate market had 32 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1312
-7.7%
4 1516
+6.7%
5+ 22
0.0%

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 increased by 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Hill, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Rock Hill in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Rock Hill, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
105 Days23 Days-77.8%

Summary: Homes in Rock Hill had an average of 23 days on market in Oct 2024, down by 77.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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, 2 homes were sold in Rock Hill; 50% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in Rock Hill, NY

Nearby Markets to Rock Hill, NY

What housing markets are near Rock Hill, NY?