Housing Report for Rocky Mount
Rocky Mount recorded median owner-occupied home value in the year 2005 of $93,300, accounted by the American Community Survey. This home value is less than the State of North Carolina 2005 median home value of $127,600 and less than median home value of $167,500 across the nation during that year.
In the State of North Carolina, Rocky Mount ranks 13 of the 14 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 226 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.
The residential housing values in Rocky Mount, North Carolina have seen small increases since the Census values accounted for in the year 2000. The values have increased by $6,700, or 7.7 percent, since 2000 when their medians were reported to be $86,600.
Rocky Mount has a small, but present proportion of high-valued homes. For the year 2005, the American Community Survey reported that 0.7 percent of the areas residential property was valued over $500k.
In Rocky Mount, the U.S. Census Bureau, Population Division accounted for a total of 65,068 housing structures in 2005. The metro area has seen a medium level of growth in the number housing units, adding a sum of 2,714 residential units since 2001, or 4.4 percent.
It can be understood that there is a large amount of real estate that is affordable in Rocky Mount, North Carolina. In 2005, 68.5 percent of owner-occupied dwellings were valued under $125k.
Data Source: U.S. Census Bureau
In the State of North Carolina, Rocky Mount ranks 13 of the 14 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical area (msa) ranks 226 of 361, compared to percent change of residential structures in other metropolitan areas throughout the United States.
The residential housing values in Rocky Mount, North Carolina have seen small increases since the Census values accounted for in the year 2000. The values have increased by $6,700, or 7.7 percent, since 2000 when their medians were reported to be $86,600.
Rocky Mount has a small, but present proportion of high-valued homes. For the year 2005, the American Community Survey reported that 0.7 percent of the areas residential property was valued over $500k.
In Rocky Mount, the U.S. Census Bureau, Population Division accounted for a total of 65,068 housing structures in 2005. The metro area has seen a medium level of growth in the number housing units, adding a sum of 2,714 residential units since 2001, or 4.4 percent.
It can be understood that there is a large amount of real estate that is affordable in Rocky Mount, North Carolina. In 2005, 68.5 percent of owner-occupied dwellings were valued under $125k.
Data Source: U.S. Census Bureau
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