Rocky Mount, VA is a great place to buy a home. The median value of the housing in Rocky Mount is $225,600, much lower than the national median value of $338,100. Despite the lower price point, the 1 year appreciation rate for houses in Rocky Mount was 15.80%, which was higher than the US overall rate of 8.27%. This makes Rocky Mount a great location for potential homeowners looking to get more bang for their buck.
The median home cost in Rocky Mount is $225,600. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Rocky Mount is up 15.8%.
Average Age of Homes
- The median age of Rocky Mount real estate is 51 years old
The Rental Market in Rocky Mount
- Renters make up 42.7% of the Rocky Mount population
- 4.4% of houses and apartments in Rocky Mount, 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.