Is Rocky Hill, NJ 08553 a buyer’s or seller’s market?
Rocky Hill is a seller’s market. With about 1.9 months of supply and 60% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The Rocky Hill housing market right now
In the three months ending August 31, 2026, 60% of homes in Rocky Hill, NJ 08553 sold above their list price, the typical home went under contract in 13 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold faster (37 days then) and the median sale price rose 38% to $774,665. Overall, Rocky Hill is less competitive than a year ago, which gives buyers more room.
Within Somerset County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Warren 07059 (39% sold over asking) or Watchung 07069 (46% sold over asking), while Bedminster 07921 (80% sold over asking) and Raritan 08869 (79% sold over asking) are even more competitive.
Run the numbers for 08553
Nearby markets
Basking Ridge 07920Seller’s market $439 /sq ftBedminster 07921Seller’s market $456 /sq ftBelle Mead 08502Seller’s market $384 /sq ftBernardsville 07924Seller’s market $472 /sq ft Browse all markets →Where Rocky Hill is
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Questions about Rocky Hill real estate
Is Rocky Hill a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Rocky Hill, NJ 08553 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Rocky Hill?
The typical home went under contract in 13 days in the latest three months.
Do homes in Rocky Hill sell over asking?
60% of homes sold above their original list price, and the typical sale closed at 104.3% of the list price.
What are property taxes in Rocky Hill?
About 2.07% of a home’s value a year in Rocky Hill Boro, Somerset County, or roughly $8,284 on a $400,000 home.
What is the median home price in Rocky Hill?
The median sale price was $774,665 in the three months ending August 31, 2026, about $348 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology