Is Rockland Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockland Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Rockland Township, PA

How much do homes in Rockland Township, PA cost?

Median Sold Price

$430,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,000(-6.5%)

Key Takeaway

Homes in Rockland Township have sold for 6.5% less than they did a year ago.

Summary: The median home sold price in Rockland Township was $430,000 in October 2024, down 6.5% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $531.5K$335K
-37.0%
4 $454K$457.5K
+0.8%
5+ $527.5K$1.0M
+95.7%

Summary: Rockland Township 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 did not change, 3 bedroom homes decreased by 37%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 95.7%.

Median Sold Price Compared To Nearby Cities

Ruscombmanor Township
-1.9%
Rockland Township
-6.5%

Housing Supply in Rockland Township, PA

How many homes are available in Rockland Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
118-27.3%

Summary: The Rockland Township real estate market had 8 homes for sale in October 2024, a 27.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 53
-40.0%
5+ 42
-50.0%

Summary: The Rockland Township 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockland Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Rockland Township in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Rockland Township, PA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days5 Days-63.3%

Summary: Homes in Rockland Township had an average of 5 days on market in Oct 2024, down by 63.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 2 homes were sold in Rockland Township; 100% of homes were sold within 30 days, 0% 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 16 Days Ago

Newest Listings in Rockland Township, PA

Nearby Markets to Rockland Township, PA