Is Rockville, IN 47872 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Rockville is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score34/ 100

More competitive than 31% of U.S. ZIP codes, and #263 of 306 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.1Under 4 months = seller’s market
Sold above original list13%Share of sales, last 3 months
Median sale-to-list95.2%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$161▲ +42.6% vs. last year

The Rockville housing market right now

In the three months ending August 31, 2026, 13% of homes in Rockville, IN 47872 sold above their list price, the typical home went under contract in 14 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold faster (31 days then) and the median sale price rose 6% to $234,898. Overall, Rockville is more competitive than a year ago, so tougher for buyers.

Within Parke County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 60%. On our competition score, Rockville ranks #263 of 306 IN ZIP codes with enough sales (score 34 out of 100).

Nearby, buyers who want less competition could look at Rosedale 47874 (0% sold over asking) or Marshall 47859 (0% sold over asking), while Bloomingdale 47832 (50% sold over asking) and Montezuma 47862 (40% sold over asking) are even more competitive.

Nearby markets

Bloomingdale 47832Balanced $134 /sq ftCarbon 47837Seller’s market $327 /sq ftMarshall 47859Seller’s market $132 /sq ftMecca 47860 — /sq ft Browse all markets →

Where Rockville is

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Questions about Rockville real estate

Is Rockville a buyer’s or seller’s market?

A balanced market: there were 5.1 months of supply in Rockville, IN 47872 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 Rockville?

The typical home went under contract in 14 days in the latest three months.

Do homes in Rockville sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 95.2% of the list price.

What are property taxes in Rockville?

About 0.49% of a home’s value a year in Parke County, or roughly $1,960 on a $400,000 home.

What is the median home price in Rockville?

The median sale price was $234,898 in the three months ending August 31, 2026, about $161 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