Is Rockville Centre, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockville Centre is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Rockville Centre has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rockville Centre, NY

How much do homes in Rockville Centre, NY cost?

Median Sold Price

$775,316

$442/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,316(+0.2%)

Key Takeaway

The sold price of homes in Rockville Centre has remained the same since last year.

Summary: The median home sold price in Rockville Centre was $775,316 in October 2024, up 0.2% from last year, and the median price per square foot was $442.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $299K$310K
+3.7%
2 $375K$432.5K
+15.3%
3 $771.5K$805K
+4.3%
4 $929.5K$999K
+7.5%
5+ $1.0M$1.2M
+14.8%

Summary: Rockville Centre housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 14.8%.

Median Sold Price Compared To Nearby Cities

Lynbrook
+9.3%
East Rockaway
+7.8%
Rockville Centre
0.2%

Housing Supply in Rockville Centre, NY

How many homes are available in Rockville Centre, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
115119+3.5%

Summary: The Rockville Centre real estate market had 119 homes for sale in October 2024, a 3.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1618
+12.5%
2 1414
0.0%
3 3937
-5.1%
4 3231
-3.1%
5+ 1419
+35.7%

Summary: The Rockville Centre housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 35.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2026+30.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockville Centre, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Rockville Centre in October 2024, up by 30.0% month-over-month. Of the 26 sold homes, 65% were sold under asking, 8% were sold at asking, and 27% were sold over asking.

Days on Market for Rockville Centre, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days65 Days+26.9%

Summary: Homes in Rockville Centre had an average of 65 days on market in Oct 2024, up by 26.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rockville Centre has remained consistent over time.

Summary: During October 2024, 26 homes were sold in Rockville Centre; 35% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 27% 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 Rockville Centre, NY

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