Rockingham Metro Area, NC Housing

The housing market in the Rockingham, NC Metro Area is booming. The median value of houses in this area is $103,100, much lower than the US median house value of $338,100. Furthermore, the one-year appreciation rate for homes in the Rockingham Metro Area was 16.91%, more than double the national average of 8.27%. This suggests that home values in this area are on a rapid upward trajectory and is an attractive place to buy a home.

The median home cost in Rockingham Metro Area is $103,100. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Rockingham Metro Area is up 19.9%.

Average Age of Homes

- The median age of Rockingham Metro Area real estate is 40 years old

The Rental Market in Rockingham Metro Area

- Renters make up 31.5% of the Rockingham Metro Area population
- 1.8% of houses and apartments in Rockingham Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rockingham, North Carolina	United States
	19,767.0	139,647,020.0
	45	42
	$103,100	$338,100
	19.9%	16.6%
	58.4%	57.0%
	61.0%	101.1%
	$10.74	$10.98
	$990	$2,690
	54.1%	57.4%
	17.6%	11.2%
	28.3%	31.4%
Vacant Housing
	1.8%	1.9%
	0.1%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	1.7%	3.6%
	13.3%	4.1%
Value of Owner-Occupied Housing
	7.0%	2.6%
	6.2%	2.4%
	11.8%	2.8%
	12.6%	3.9%
	16.7%	4.5%
	17.0%	11.3%
	11.8%	13.0%
	10.7%	20.1%
	3.3%	13.6%
	1.0%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.7%	13.6%
	9.7%	13.6%
	14.8%	13.6%
	13.9%	13.2%
	18.2%	14.8%
	14.8%	13.6%
	9.0%	10.0%
	5.8%	4.7%
	7.8%	12.2%

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