Is Rockville Centre, NY 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, Rockville Centre has remained a Seller's Market.
Housing Prices in Rockville Centre, NY
How much do homes in Rockville Centre, NY cost?
Median Sold Price
$731,666
$430/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rockville Centre was $731,666 in May 2024, down 2.6% from last year, and the median price per square foot was $430.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $289.5K | $309K | +6.7% |
2 Bedrooms | $390K | $391.2K | 0.3% |
3 Bedrooms | $757.5K | $779K | +2.8% |
4 Bedrooms | $917.5K | $948.5K | +3.4% |
5+ Bedrooms | $1.0M | $1.0M | +4.1% |
Summary: Rockville Centre housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
Lynbrook | $602.5K | $650K | +7.9% |
Rockville Centre | $751K | $731.6K | -2.6% |
East Rockaway | $621.5K | $600K | -3.5% |
Housing Supply in Rockville Centre, NY
How many homes are available in Rockville Centre, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
118 | 136 | +15.3% |
Summary: The Rockville Centre real estate market had 136 homes for sale in May 2024, a 15.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 19 | +35.7% |
2 Bedrooms | 14 | 13 | -7.1% |
3 Bedrooms | 33 | 38 | +15.2% |
4 Bedrooms | 44 | 49 | +11.4% |
5+ Bedrooms | 13 | 17 | +30.8% |
Summary: The Rockville Centre housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 24 | +84.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Rockville Centre in May 2024, up by 84.6% month-over-month. Of the 24 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for Rockville Centre, NY
How long does it take to sell a home in Rockville Centre, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
45 Days | 62 Days | +35.7% |
Summary: Homes in Rockville Centre had an average of 62 days on market in May 2024, up by 35.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Rockville Centre; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.