Is Rockwood, WA 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

Since last month, Rockwood has remained a Seller'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, WA

How much do homes in Rockwood, WA cost?

Median Sold Price

$714,500

$272/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$114,612(+19.1%)

Key Takeaway

Homes in Rockwood have sold for 19.1% more than they did a month ago.

Summary: The median home sold price in Rockwood was $714,500 in November 2024, up 19.1% from last month, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$816.5K
N/A
3 $1.5M$816.9K
-48.5%
4 $583.5K$445K
-23.7%
5+ $599.8K$612.5K
+2.1%

Summary: Rockwood housing prices by bedroom type for November 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 decreased by 48.5%, 4 bedroom homes decreased by 23.7%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Neighborhoods

Rockwood
+19.1%
Rockwood Pines
-69.2%

Housing Supply in Rockwood, WA

How many homes are available in Rockwood, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2830+7.1%

Summary: The Rockwood real estate market had 30 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 68
+33.3%
4 109
-10.0%
5+ 1112
+9.1%

Summary: The Rockwood housing inventory by bedroom type for November 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 33.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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 6 homes were sold or pending in Rockwood in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Rockwood, WA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
24 Days29 Days+17.9%

Summary: Homes in Rockwood had an average of 29 days on market in Nov 2024, up by 17.9% compared to last month.

Breakdown of Home Sale Times

5 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

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

Summary: During November 2024, 6 homes were sold in Rockwood; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 22 Days Ago

Newest Listings in Rockwood, WA

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