Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$197,692+1.4% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$42,856About 0.7× the local median income ($60,807): affordable for a typical household
Days on market72 daysAbout the same pace as a year ago
Next 12 months+0.8%Zillow expects prices to rise slightly
The typical home in Rocky Mount, NC is worth $197,692, up 1.4% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $181,085, so the area is 9.2% overvalued. It is a buyer's market: homes take about 72 days to sell, listings are up 29% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 0.8% over the next year. A household needs about $42,856 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,807. Typical rent is $1,273 a month, or $1,412 for a house. In the latest IRS figures, 730 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$197,692
Change in 1 year
+1.4%
Overvalued %
+9.2%
Show 7 more
Fair home value
$181,085
Change in 5 years
+28.8%
Zillow forecast, next 12 months
+0.8%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$1,071
Income needed to afford it
$42,856
Property tax rate
0.80%
Rent and investing
Typical rent
$1,273
Typical rent for houses
$1,412
Price-to-rent ratio
12.9×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,167
Gross rental yield
7.73%
Cap rate (estimate)
5.02%
Market activity
Listings vs a year ago
+28.9%
Days on market
72
Listings with a price cut
23.6%
Show 3 more
Homes for sale
652
Pending sales per 100 listings
29
Asking price per sq ft
$158
People and jobs
Median household income
$60,807
Population change (1 year)
+0.4%
Unemployment rate
6.2%
Show 4 more
Population
148,486
Income adjusted for cost of living
$69,099
Net moves in (IRS)
+730
Cost of living (US = 100)
88.0
Schools, risk and environment
School rating (1 to 10)
2.7
FEMA hazard risk score (0 to 100)
79.2
Unhealthy air days a year
0
Show 4 more
Flood risk score
80.4
Wildfire risk score
40.4
Walkability (1 to 20)
7.5
Road, rail and air noise
54 dB
Questions people ask
Is Rocky Mount, NC overvalued?
Home prices in Rocky Mount, NC are slightly above what local incomes have historically supported: fair value is about $181,085, so the area is 9.2% overvalued.
Is Rocky Mount, NC a buyer's or seller's market?
Rocky Mount, NC is a buyer's market: homes take about 72 days to sell, listings are up 29% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Rocky Mount, NC?
Home values in Rocky Mount, NC are up 1.4% over the last year. Zillow's forecast for the next 12 months is +0.8%.
How much do you need to earn to buy a home in Rocky Mount, NC?
A household needs about $42,856 a year to afford the typical home in Rocky Mount, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,807.