$7,599 Closing Credit*
$639,950
2,731 SqFt
3 Beds
•3 Full Baths
Ethan Oates, Listing Office: CapCenter
Is Rockville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Rockville was a Neutral Market.
Key Takeaway
Rockville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rockville, VA
How much do homes in Rockville, VA cost?
Median Sold Price
$624,900
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$59,900(+10.6%)
Key Takeaway
Homes in Rockville have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Rockville was $624,900 in December 2024, up 10.6% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $345K | - | N/A |
| 2 Bedrooms | $240K | $604.8K | +152.0% |
| 3 Bedrooms | $561K | $594.2K | +5.9% |
| 4 Bedrooms | $515.5K | $565K | +9.6% |
| 5+ Bedrooms | $866.3K | $868.1K | 0.2% |
Summary: Rockville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 152%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 0.2%.
Median Sold Price Compared To Nearby Cities
| Rockville | $565K | $624.9K | +10.6% |
| Maidens | $505.7K | $550K | +8.7% |
| South Anna | $486.6K | $525K | +7.9% |
| Manakin Sabot | $791.5K | $719.5K | -9.1% |
| Montpelier | $526K | $455K | -13.5% |
Housing Supply in Rockville, VA
How many homes are available in Rockville, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Summary: The Rockville real estate market had 17 homes for sale in December 2024, a 22.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Rockville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rockville, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Rockville in December 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.
Days on Market for Rockville, VA
How long does it take to sell a home in Rockville, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 17 Days | 165 Days | +871.8% |
Summary: Homes in Rockville had an average of 165 days on market in Dec 2024, up by 871.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rockville are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Rockville; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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