Rockville Centre, New York Housing Market Prices
Rockville Centre Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 73% above the New York median$814,055
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Median rent 16% above the New York median$1,880
Housing Market Overview
| Metric | Rockville Centre | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $814,055 | $471,885 | $248,835 |
| Price Trend (Annual %) | 11.0% | 7.1% | 7.5% |
| Median Gross Rent | $1,880 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 2.7% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rockville Centre is about 73% higher than in New York. Rent is about 16% higher than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Rockville Centre, up about 11.0% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Rockville Centre rose about 34.9% between 2015 and 2024, from $1,393 to $1,880. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 5.4 yearly household incomes in Rockville Centre.
Buying the median-priced home in Rockville Centre costs roughly 36.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Rockville Centre. The price-to-rent ratio in New York is about 24.3.
| Metric | Rockville Centre | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $814,055 | $471,885 | $248,835 |
| Median Household Income | $150,692 | $86,556 | $80,455 |
| Price-to-Income Ratio | 5.4 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Rockville Centre rose about 121.4%, while median household income rose about 35.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Rockville Centre | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.1% | 48.8% | 58.5% |
| Rental Rate | 23.8% | 41.1% | 31.2% |
| Vacancy Rate | 4.1% | 10.1% | 10.2% |
| Median Tenure (years) | 18.0 | 17.0 | 15.0 |
| Median Year Moved In | 2008 | 2009 | 2011 |
Rockville Centre has a homeownership rate of 72.1%, higher than the New York average of 48.8%. Its housing vacancy rate is 4.1%, compared with 10.1% in New York.
Housing Stock
| Metric | Rockville Centre | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1950 | 1960 | 1978 |
| Median Number of Rooms | 6.4 | 5.0 | 5.5 |
The typical housing unit in Rockville Centre was built around 1950. On average, 2.5 people live in a home with about 6.4 rooms, staying for about 18.0 years on average.
Rockville Centre, NY Housing Compared With Nearby Cities
How Rockville Centre, NY compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Rockville Centre, NY | 25,745 | $814,055 #1/2 | $1,880 #2/2 | 75.2% #2/2 |
| Oceanside, NY | 31,670 | $552,299 | $2,226 | 93.2% |
Frequently Asked Questions
Common questions about the housing market in Rockville Centre, New York.
What is the median home price in Rockville Centre, New York?
The median home price in Rockville Centre, New York is $814,055, higher than the New York average of $471,885.
What is the average home price in Rockville Centre, New York?
The typical home price in Rockville Centre, New York, reported as the median sale price, is $814,055. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Rockville Centre, New York?
The median gross rent in Rockville Centre, New York is $1,880 per month, higher than the New York average of $1,621.
What was the median gross rent in Rockville Centre in 2020?
In 2020, the median gross rent in Rockville Centre, New York was $1,644 per month.
What is the price-to-rent ratio in Rockville Centre, New York?
The price-to-rent ratio in Rockville Centre, New York is about 36.1, meaning it would take roughly 36.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Rockville Centre.
Are home prices or rent rising faster in Rockville Centre, New York?
Both home prices and rent are rising in Rockville Centre, up about 11.0% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Rockville Centre, New York?
72.1% of households in Rockville Centre, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Rockville Centre, New York?
The housing vacancy rate in Rockville Centre, New York is 4.1%, lower than the New York average of 10.1%.
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