Is Rockland County, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Rockland County was a Buyer's Market.
Housing Prices in Rockland County, NY
How much do homes in Rockland County, NY cost?
Median Sold Price
$614,530
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rockland County was $614,530 in April 2024, up 5% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $227.4K | $247.5K | +8.8% |
2 Bedrooms | $358.5K | $390K | +8.8% |
3 Bedrooms | $515.1K | $558.5K | +8.4% |
4 Bedrooms | $659.4K | $705K | +6.9% |
5+ Bedrooms | $825K | $896.2K | +8.6% |
Summary: Rockland County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Counties
Orange County | $381.7K | $414.4K | +8.6% |
Putnam County | $450K | $479.2K | +6.5% |
Westchester County | $650K | $686.4K | +5.6% |
Rockland County | $585K | $614.5K | +5.0% |
Housing Supply in Rockland County, NY
How many homes are available in Rockland County, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
926 | 976 | +5.4% |
Summary: The Rockland County real estate market had 976 homes for sale in April 2024, a 5.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 68 | 72 | +5.9% |
2 Bedrooms | 116 | 123 | +6.0% |
3 Bedrooms | 206 | 224 | +8.7% |
4 Bedrooms | 288 | 304 | +5.6% |
5+ Bedrooms | 248 | 253 | +2.0% |
Summary: The Rockland County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
145 | 157 | +8.3% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
78 Homes Were Sold
Over Asking
Summary: A total of 157 homes were sold or pending in Rockland County in April 2024, up by 8.3% month-over-month. Of the 157 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% were sold over asking.
Days on Market for Rockland County, NY
How long does it take to sell a home in Rockland County, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 45 Days | -13.6% |
Summary: Homes in Rockland County had an average of 45 days on market in Apr 2024, down by 13.6% compared to last year.
Breakdown of Home Sale Times
101 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During April 2024, 157 homes were sold in Rockland County; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.