The housing market in Roanoke Rapids, NC (27870) is performing significantly higher than the national median. The median value of a house in this area is $102,300, compared to the US median of $338,100. Additionally, home appreciation has risen 16.05% in the past year compared to the US average of 8.27%. This demonstrates that property values are rapidly increasing and Roanoke Rapids is an excellent place to invest or buy a home.
The median home cost in Roanoke Rapids (zip 27870) is $102,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Roanoke Rapids (zip 27870) is up 19.4%.
Average Age of Homes
- The median age of Roanoke Rapids (zip 27870) real estate is 40 years old
The Rental Market in Roanoke Rapids (zip 27870)
- Renters make up 37.8% of the Roanoke Rapids (zip 27870) population
- 2.1% of houses and apartments in Roanoke Rapids (zip 27870), 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.