Is Rockwood, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockwood is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rockwood was a Buyer's Market.

Key Takeaway

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

Housing Prices in Rockwood, PA

How much do homes in Rockwood, PA cost?

Median Sold Price

$215,400

$133/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$96,900(+81.8%)

Key Takeaway

Homes in Rockwood have sold for 81.8% more than they did a month ago.

Summary: The median home sold price in Rockwood was $215,400 in October 2024, up 81.8% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $118.5K$220.9K
+86.4%
4 -$209.9K
N/A
5+ --
N/A

Summary: Rockwood housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 86.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rockwood, PA

How many homes are available in Rockwood, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The Rockwood real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 23
+50.0%
5+ 33
0.0%

Summary: The Rockwood 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 decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

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 Rockwood, 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 Rockwood in October 2024, up by 100.0% 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 Rockwood, PA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
34 Days24 Days-29.4%

Summary: Homes in Rockwood had an average of 24 days on market in Oct 2024, down by 29.4% compared to last month.

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

Summary: During October 2024, 2 homes were sold in Rockwood; 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 Rockwood, PA

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