Rockingham, NC is the perfect place to live for those looking for a more affordable housing option in comparison to the national average. According to data, the median value of a house in Rockingham is $110,300 while the national median value for a house is $338,100. Not only is there a significant price difference between the two averages, but the one-year appreciation rate for Rockingham homes has also been higher than that of the US with 16.91% compared to 8.27%. This makes Rockingham an attractive option for potential homeowners who are looking for an inexpensive yet rapidly appreciating home.
The median home cost in Rockingham is $110,300. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Rockingham is up 19.9%.
Average Age of Homes
- The median age of Rockingham real estate is 46 years old
The Rental Market in Rockingham
- Renters make up 38.3% of the Rockingham population
- 4.8% of houses and apartments in Rockingham, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.