Rockland Home Prices & Values

$249,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.2% 1-year change
  • -0.2% 1-year forecast

The median home value in Rockland is $249,000. Rockland home values have gone up 3.2% over the past year and Zillow predicts they will fall -0.2% within the next year. The median list price per square foot in Rockland is $189, which is lower than the Boston Metro average of $224. The median price of homes currently listed in Rockland is $275,000 while the median price of homes that sold is $276,825. The median rent price in Rockland is $1,250, which is lower than the Boston Metro median of $2,300.

Foreclosures will be a factor impacting home values in the next several years. In Rockland 2.5 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Rockland is 9.5%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Rockland homeowners underwater on their mortgage is 19.4%, which is higher than Boston Metro at 10.6%.

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Relative ZHVI
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Rockland Market Overview

Data through Aug 31, 2014
  • $249,000 ZHVI
  • -0.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $275,000 Median listing price
  • $276,825 Median sale price (Jul 31, 2014)
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Rockland Market Health

Data through Aug 31, 2014
  • 2.4/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 19.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 9.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.5 homes Rockland
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Town of Hingham $639,600 Norwell $523,800 Hanover $418,800
Town of Hanson $313,300 Weymouth $311,400 East Bridgewater $288,500
Abington $276,700 Whitman $262,900 Holbrook $256,600

Listings & Sales

Data through Aug 31, 2014
  • $189 Median list price / sq ft
  • $182 Median sale price / sq ft (Jul 31, 2014)
  • 34.5% Listings with price cut
35.1%
Sold below listing
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Rockland Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,694 Rockland
$2,116 Boston Metro
$1,328 United States
  • 3.2 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,250 Rent list price
  • No recent data Rent list price / sq ft
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