Is Rockport, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockport is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Rockport has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Rockport, TX

How much do homes in Rockport, TX cost?

Median Sold Price

$489,200

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,450(+10.7%)

Key Takeaway

Homes in Rockport have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Rockport was $489,200 in November 2024, up 10.7% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$283K
N/A
2 $290K$195K
-32.8%
3 $530K$425K
-19.8%
4 $750K$999.9K
+33.3%
5+ -$1.0M
N/A

Summary: Rockport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.8%, 3 bedroom homes decreased by 19.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes did not change.

Housing Supply in Rockport, TX

How many homes are available in Rockport, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
283321+13.4%

Summary: The Rockport real estate market had 321 homes for sale in November 2024, a 13.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1516
+6.7%
2 5666
+17.9%
3 139157
+12.9%
4 5158
+13.7%
5+ 2224
+9.1%

Summary: The Rockport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockport, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rockport in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rockport, TX

How long does it take to sell a home in Rockport, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
118 Days495 Days+319.5%

Summary: Homes in Rockport had an average of 495 days on market in Nov 2024, up by 319.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Rockport are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Rockport; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in Rockport, TX

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