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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockland County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Rockland County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rockland County, NY

How much do homes in Rockland County, NY cost?

Median Sold Price

$660,634

$341/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$60,815(+10.1%)

Key Takeaway

Homes in Rockland County have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Rockland County was $660,634 in November 2024, up 10.1% from last year, and the median price per square foot was $341.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235.5K$265K
+12.5%
2 $390K$418.5K
+7.3%
3 $540K$587.6K
+8.8%
4 $679.9K$758.2K
+11.5%
5+ $862.2K$934K
+8.3%

Summary: Rockland County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Counties

Westchester County
+12.2%
Putnam County
+11.5%
Rockland County
+10.1%
Orange County
+5.6%

Housing Supply in Rockland County, NY

How many homes are available in Rockland County, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
994813-18.2%

Summary: The Rockland County real estate market had 813 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 9775
-22.7%
2 12498
-21.0%
3 204156
-23.5%
4 325253
-22.2%
5+ 244231
-5.3%

Summary: The Rockland County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.7%, 2 bedroom homes decreased by 21%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 5.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
182178-2.2%

Asking Price vs. Sold Price

66 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

80 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockland County, you could pay more than the asking price. 44.9% of homes here sold above asking price last month.

Summary: A total of 178 homes were sold or pending in Rockland County in November 2024, down by 2.2% month-over-month. Of the 178 sold homes, 37% were sold under asking, 18% were sold at asking, and 45% were sold over asking.

Days on Market for Rockland County, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days37 Days+6.3%

Summary: Homes in Rockland County had an average of 37 days on market in Nov 2024, up by 6.3% compared to last year.

Breakdown of Home Sale Times

105 Homes Were Sold
Under 30 Days

57 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 178 homes were sold in Rockland County; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% 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 29 Days Ago

Newest Listings in Rockland County, NY

Nearby Markets to Rockland County, NY

What housing markets are near Rockland County, NY?