Roanoke Rapids, NC has an incredibly vibrant housing market. The median value of a house in Roanoke Rapids is currently $109,600, substantially lower than the national median of $338,100. Over the past year, house appreciation in Roanoke Rapids has been even more impressive with a 16.05% uptick compared to the national average of 8.27%. This demonstrates that Roanoke Rapids is rapidly becoming a destination for those looking for affordable housing options with plenty of potential for growth and appreciation.
The median home cost in Roanoke Rapids is $109,600. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Roanoke Rapids is up 19.4%.
Average Age of Homes
- The median age of Roanoke Rapids real estate is 47 years old
The Rental Market in Roanoke Rapids
- Renters make up 42.1% of the Roanoke Rapids population
- 3.5% of houses and apartments in Roanoke Rapids, 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.