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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockland is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Rockland was a Neutral Market.

Key Takeaway

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

Housing Prices in Rockland, NY

How much do homes in Rockland, NY cost?

Median Sold Price

$300,000

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,000(+11.5%)

Key Takeaway

Homes in Rockland have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Rockland was $300,000 in November 2024, up 11.5% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K$275K
+89.7%
2 $310K$430K
+38.7%
3 $270K$235K
-13.0%
4 $315K$250K
-20.6%
5+ $212K$1.5M
+627.6%

Summary: Rockland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 89.7%, 2 bedroom homes increased by 38.7%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes increased by 627.6%.

Median Sold Price Compared To Nearby Cities

Livingston Manor
+21.8%
Rockland
+11.5%
Roscoe
-32.7%

Housing Supply in Rockland, NY

How many homes are available in Rockland, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4741-12.8%

Summary: The Rockland real estate market had 41 homes for sale in November 2024, a 12.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 44
0.0%
3 2018
-10.0%
4 1111
0.0%
5+ 97
-22.2%

Summary: The Rockland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockland, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Rockland in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Rockland, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
183 Days25 Days-86.0%

Summary: Homes in Rockland had an average of 25 days on market in Nov 2024, down by 86% compared to last year.

Breakdown of Home Sale Times

2 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 Rockland are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Rockland; 67% of homes were sold within 30 days, 33% 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 2 Days Ago

Newest Listings in Rockland, NY

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