Is Rockledge, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rockledge has remained a Seller's Market.
Housing Prices in Rockledge, FL
How much do homes in Rockledge, FL cost?
Median Sold Price
$369,621
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rockledge was $369,621 in April 2024, up 0.8% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $170K | +209.1% |
2 Bedrooms | $230K | $230K | 0.0% |
3 Bedrooms | $344.6K | $360K | +4.5% |
4 Bedrooms | $447.5K | $399.9K | -10.6% |
5+ Bedrooms | $582.5K | $441.6K | -24.2% |
Summary: Rockledge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 209.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes decreased by 24.2%.
Median Sold Price Compared To Nearby Cities
Merritt Island | $465K | $474.9K | +2.1% |
Rockledge | $366.8K | $369.6K | +0.8% |
Cocoa-Rockledge | $348.4K | $350K | 0.5% |
Cocoa | $315.2K | $308K | -2.3% |
Housing Supply in Rockledge, FL
How many homes are available in Rockledge, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
269 | 311 | +15.6% |
Summary: The Rockledge real estate market had 311 homes for sale in April 2024, a 15.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 29 | 35 | +20.7% |
3 Bedrooms | 122 | 132 | +8.2% |
4 Bedrooms | 94 | 119 | +26.6% |
5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Rockledge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 74 | +42.3% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in Rockledge in April 2024, up by 42.3% month-over-month. Of the 74 sold homes, 62% were sold under asking, 30% were sold at asking, and 8% were sold over asking.
Days on Market for Rockledge, FL
How long does it take to sell a home in Rockledge, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 59 Days | +52.8% |
Summary: Homes in Rockledge had an average of 59 days on market in Apr 2024, up by 52.8% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During April 2024, 74 homes were sold in Rockledge; 45% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.