The Rockville housing market is very competitive. Homes in Rockville receive 5 offers on average and sell in around 14 days. The median sale price of a home in Rockville was $717K last month, up 29.2% since last year. The median sale price per square foot in Rockville is $353, up 12.6% since last year.
What is the housing market like in Rockville today?
In March 2024, Rockville home prices were up 29.2% compared to last year, selling for a median price of $717K. On average, homes in Rockville sell after 14 days on the market compared to 27 days last year. There were 67 homes sold in March this year, down from 68 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$717,206
+29.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Rockville, MD
$717,206
+29.2%
United States
To compare other locations to the Rockville and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Rockville add value to a home.
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How hot is the Rockville housing market?
Rockville is very competitive. Homes sell in 15 days.
0
100
87
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 15 days.
Hot homes
can sell for about 5% above list price and go pending in around 5 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Rockville
Explore recent offers and recently sold homes in Rockville
Recent offers
Offer Not Accepted|
9 Weeks Ago
~$375K Offer
Sold for $400K
3bd | 1ba | ~1,250sqft
Over List Price
6%
Days on Market
5
Competing Offers
8
Down Payment
~10000%
Jamie Smart
Rockville Redfin Agent
Home received several cash offers and selected the one with the highest price. All the offers waived their contingencies. …
More
Offer Not Accepted|
11 Weeks Ago
~$450K Offer
Sold for $475K
4bd | 2ba | ~1,000sqft
Over List Price
1%
Days on Market
6
Competing Offers
5
Down Payment
~20%
Colette Releford
Rockville Redfin Agent
FYI. The winning offer had an escalation clause and waived appraisal contingency and no inspection contingency.
…
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Fallsmead Elementary School
Public • PreK-5
562
Students
3 reviews
8/10
Ritchie Park Elementary School
Public • K-5
432
Students
19 reviews
8/10
Cold Spring Elementary School
Public • PreK-5
330
Students
13 reviews
8/10
Lakewood Elementary School
Public • K-5
476
Students
5 reviews
7/10
Beall Elementary School
Public • PreK-5
572
Students
22 reviews
Only showing 5 of
10 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Rockville housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rockville.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rockville has a moderate risk of flooding. 1,228 properties in Rockville are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Rockville. Flood risk is increasing slower than the national average.
38% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rockville has a moderate risk of wildfire. There are 6,299 properties in Rockville that have some risk of being affected by wildfire over the next 30 years. This represents 38% of all properties in Rockville.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Rockville has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Rockville is most at risk from hurricanes. 16,330 properties in Rockville have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.