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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Rockville Centre, NY Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Rockville Centre, NY Housing Market Trends

With 25,662 people, 10,087 houses or apartments, and a median cost of homes of $851,778, Rockville Centre house prices are not only among the most expensive in New York, Rockville Centre real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Rockville Centre, accounting for 61.73% of the village's housing units. Other types of housing that are prevalent in Rockville Centre include large apartment complexes or high rise apartments ( 30.83%), duplexes, homes converted to apartments or other small apartment buildings ( 5.43%), and a few row houses and other attached homes ( 2.02%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rockville Centre. Owner-occupied housing accounts for 74.60% of Rockville Centre's homes, and 54.57% have either three or four bedrooms, which is average sized relative to America.

The housing in Rockville Centre was primarily built before 1939 ( 42.02%), making the housing stock in Rockville Centre some of the oldest overall in America, although there is a range of ages of homes in Rockville Centre. The next most important housing age is between 1940-1969 ( 41.35%), followed by between 1970-1999 ( 10.75%). There's also some housing in Rockville Centre built between 2000 and later ( 5.88%).

Rockville Centre Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Rockville Centre, where house values have increased just 44.89%, which is annualized rate of 3.78%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Rockville Centre's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Rockville Centre's appreciation rate has been 0.41%, which annualizes to a rate of 1.66%.

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

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Rockville Centre differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rockville Centre - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Rockville Centre real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$851,778

Rockville Centre, NY Home Prices
> $1,156,000
$867,001 - $1,156,000
$578,001 - $867,000
$462,001 - $578,000
$347,001 - $462,000
$231,001 - $347,000
$116,001 - $231,000
$58,001 - $116,000
$0 - $58,000
15.8%
15.8%
35.9%
35.9%
29.2%
29.2%
5.1%
5.1%
4.5%
4.5%
6.1%
6.1%
2.5%
2.5%
0.6%
0.6%
0.4%
0.4%
0% 100.0%
% of Homes
Very High

for New york

Very High

for nation

Number of Homes And Apartments:

10,087

Rockville Centre Appreciation Rates

Rent & Ownership

Average Market Rent:

$4,537 / per month

Homeownership Rate

Owners
Renters
74.6%
74.6%
25.4%
25.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.6%
3.6%
96.4%
96.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
5.9%
5.9%
10.8%
10.8%
41.4%
41.4%
42.0%
42.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.7%
61.7%
2.0%
2.0%
5.4%
5.4%
30.8%
30.8%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
7.2%
7.2%
15.4%
15.4%
15.5%
15.5%
27.3%
27.3%
27.3%
27.3%
7.4%
7.4%
0% 100.0%
% of Homes