Is Rockland, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockland is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Rockland was a Seller's Market.

Key Takeaway

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

Housing Prices in Rockland, NY

How much do homes in Rockland, NY cost?

Median Sold Price

$292,500

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,500(+1.9%)

Key Takeaway

Homes in Rockland have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Rockland was $292,500 in May 2024, up 1.9% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $145K$275K
+89.7%
2 $389K$367K
-5.7%
3 $270K$289.5K
+7.2%
4 $357.5K$249K
-30.3%
5+ $212K$260K
+22.6%

Summary: Rockland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 89.7%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 30.3%, and 5+ bedroom homes increased by 22.6%.

Median Sold Price Compared To Nearby Cities

Livingston Manor
+22.0%
Rockland
+1.9%

Housing Supply in Rockland, NY

How many homes are available in Rockland, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2934+17.2%

Summary: The Rockland real estate market had 34 homes for sale in May 2024, a 17.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 45
+25.0%
2 43
-25.0%
3 1415
+7.1%
4 26
+200.0%
5+ 55
0.0%

Summary: The Rockland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockland, 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 Rockland in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Rockland, NY

How long does it take to sell a home in Rockland, NY?

Average Sale Time

May 2023May 2024CHANGE
116 Days156 Days+34.0%

Summary: Homes in Rockland had an average of 156 days on market in May 2024, up by 34% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Rockland are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Rockland; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

Newest Listings in Rockland, NY

Nearby Markets to Rockland, NY

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