The housing market in Rocky Mount, NC (zip code 27803) is quite impressive. The median value in the area is $183,900, which is significantly lower than the US median value of $338,100. However, the 1 year appreciation rate for housing in this area is 16.05%, which is almost double the national average of 8.27%. This suggests that the area has strong potential for growth and will likely see an increase in property values in years to come. This trend makes it a great time to invest in real estate in Rocky Mount, NC.
The median home cost in Rocky Mount (zip 27803) is $183,900. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Rocky Mount (zip 27803) is up 19.4%.
Average Age of Homes
- The median age of Rocky Mount (zip 27803) real estate is 35 years old
The Rental Market in Rocky Mount (zip 27803)
- Renters make up 35.0% of the Rocky Mount (zip 27803) population
- 1.4% of houses and apartments in Rocky Mount (zip 27803), 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.