Rockland, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Rockland, MA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Rockland Housing Market Information

With a population of 17,832, 6,517 total housing units (homes and apartments), and a median house value of $283,508, Rockland real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Rockland, accounting for 54.44% of the town's housing units. Other types of housing that are prevalent in Rockland include large apartment complexes or high rise apartments ( 16.07%), duplexes, homes converted to apartments or other small apartment buildings ( 15.25%), and a few row houses and other attached homes ( 7.51%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rockland. Owner-occupied housing accounts for 71.84% of Rockland's homes, and 52.12% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Rockland built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rockland built between 1940-1969 ( 33.09%). A lesser amount of the housing stock also hails from before 1939 ( 25.56%). There's also some housing in Rockland built between 2000 and later ( 6.78%).

Rockland Home Appreciation Rates

Rockland's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Rockland during the period has been just -1.25%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Rockland's appreciation rate, at 3.24%, has been at or slightly above the national average. In the latest quarter, Rockland's appreciation rate has been 1.07%, which annualizes to a rate of 4.36%.

Relative to Massachusetts, our data show that Rockland's latest annual appreciation rate is lower than 70% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$283,508

Rockland, MA HOME PRICES

Value Range
> $1,143,000 0.6
$858,001 - $1,143,000 1.2
$572,001 - $858,000 1.7
$458,001 - $572,000 6.2
$343,001 - $458,000 27.5
$229,001 - $343,000 37.7
$114,001 - $229,000 16.0
$57,001 - $114,000 4.3
$0 - $57,000 4.9

Low for MA
Very High for Nation

Value Relative to Nation Value Relative to State
18.1003164186101 73.7179487179487

Number Of Homes And Apartments:
6,517

Rockland Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
47.68% 2.29% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,800 / per month

Homeownership Rate

Homeownership
Owners 71.84
Renters 28.16
Vacant 6.43

Housing Market Details

 

Age of Homes

AGE OF Rockland HOMES
2000 or Newer 6.8
1970 - 1999 34.6
1940 - 1969 33.1
1939 or Older 25.6

Types of Homes

TYPE OF Rockland HOMES
Single-Family 54.4
Townhomes 7.5
Small Apt. Buildings 15.2
Apt. Complexes 16.1
Mobile Homes 6.7
Other 0.0

Home Size

SIZE OF Rockland HOMES
No Bedroom 1.16
1 Bedroom 11.18
2 Bedrooms 33.60
3 Bedrooms 39.24
4 Bedrooms 12.88
5 or more bedrooms 1.94

Popular Neighborhoods in Rockland

Zip Codes in Rockland, MA