Is Rochdale, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rochdale has remained a Seller's Market.
Key Takeaway
Rochdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rochdale, MA
How much do homes in Rochdale, MA cost?
Median Sold Price
$434,950
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Rochdale have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Rochdale was $434,950 in May 2024, up 8.7% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $150K | -44.4% |
| 2 Bedrooms | $393.7K | $406.4K | +3.2% |
| 3 Bedrooms | $392.5K | $478.9K | +22.0% |
| 4 Bedrooms | $542.5K | $415K | -23.5% |
| 5+ Bedrooms | $193K | $615K | +218.7% |
Summary: Rochdale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.4%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 22%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 218.7%.
Housing Supply in Rochdale, MA
How many homes are available in Rochdale, MA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Summary: The Rochdale real estate market had 5 homes for sale in May 2024, a 50.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Rochdale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rochdale, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Rochdale in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.
Days on Market for Rochdale, MA
How long does it take to sell a home in Rochdale, MA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 19 Days | 19 Days | 0.0% |
Summary: Homes in Rochdale had an average of 19 days on market in May 2024, the same as last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rochdale are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 4 homes were sold in Rochdale; 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.
