East Rockingham, NC is a great place to buy a house. The median value of housing in East Rockingham is $89,500, which is significantly lower than the US House Median Value of $338,100. Moreover, the one year house appreciation rate in East Rockingham is 16.91%, which is more than double the US one year house appreciation rate of 8.27%. Obviously, buying a home in East Rockingham can provide some great returns on investment for those looking to live in or invest in the area.
The median home cost in East Rockingham is $89,500. Home appreciation the last 10 years has been 61.0%. Home Appreciation in East Rockingham is up 19.9%.
Average Age of Homes
- The median age of East Rockingham real estate is 50 years old
The Rental Market in East Rockingham
- Renters make up 45.8% of the East Rockingham population
- 3.0% of houses and apartments in East 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.