Rocky Mount, NC Home Values & Market Trends

Real estate market trends reflect that there have been 1,098 transactions over the past year in Rocky Mount. The median value for residential home transactions that occurred over the previous year is $183,894.66. The number of current listings in Rocky Mount is 135, and the percentage of properties for sale in the city is 135.00%. Rocky Mount, NC currently has 38 properties in foreclosure, 4 bank owned properties, 19 properties headed for auction, and 135 properties for sale.

Rocky Mount, NC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
27804

$ 222,523

$ 135/sqft

27803

$ 264,950

$ 137/sqft

27804

$ 222,523

$ 135/sqft

27801

$ 145,271

$ 108/sqft

27803

$ 264,950

$ 137/sqft

27801

$ 145,271

$ 108/sqft

Housing Market Summary for Rocky Mount, NC

Apr 2023March 2024Change
Median Listing Price$189.9K$174.8K-7.98%
Median Sold Price$160K$174.8K9.22%
Homes For Sale1391454.32%
Homes Sold498445-10.64%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Rocky Mount, NC

Rocky Mount home values range from $13,880 to $28,810,091. The median estimated value of a home in Rocky Mount is $183,894.66. The median list price of a home is 209,800, and the total count of properties in the city is 24,290.

Foreclosure
There are 6 zips within Rocky Mount, NC; within these zips, the median estimated home value for homes in foreclosure ranges from $325,000 in 27803 to the lowest value of $29,990 in 27803. Foreclosure homes account for 0.00% of properties in Rocky Mount, NC with 27801 containing 17 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in Rocky Mount, NC with 27803 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Rocky Mount, NC; of those zips, the estimated home value for pre-foreclosure homes ranges from $529,293 in 27801 to the lowest home value of $38,171 in 27804.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Rocky Mount, NC ranges from the highest value of $146,923 in 27804 to the lowest value of $80,644 in 27801. Bank owned homes and properties account for 0.02% of properties in Rocky Mount, NC. There are 6 zips within Rocky Mount, NC; 27801 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    27801 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Rocky Mount, NC. Auction homes and other auction properties account for 0.08% of all properties in Rocky Mount, NC. There are 6 zips within Rocky Mount, NC; of those zips, the median estimated home value for homes going to auction ranges from $325,000 in 27801 to the lowest value of $29,990 in 27801.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.56% of residential properties in Rocky Mount, NC with 27804 containing 57 homes for sale, the highest number of listed properties in a single zip. There are 6 zips within Rocky Mount, NC; homes for sale in those zips, have a range of median values from $605,000 in 27803 to the lowest value of $35,000 in 27801.
    Sold Homes
    The median value for recently sold homes ranges from $655,376 in 27803 to the lowest price of $19,724 in 27803. There are 6 zips within Rocky Mount, NC. 27804 has 186 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.93% of properties in Rocky Mount, NC.

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      Guide for Rocky Mount, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.