Rocky Mount housing market

Buyer's marketRocky Mount, NC metro areaData through Sep 2026
Typical home value
$198K
▲ 1.4% 1 yr
Typical rent
$1,273/mo
▲ 3.8% 1 yr
12-month forecast
+0.8%
#417 of 546 metros
Gross rent yield
7.7%
#63 of 546 · U.S. 6.3%
Days to pending
73 days
▲ +16 days 1 yr
Listings with a price cut
29%
▲ +3.5 pts 1 yr

Key takeaways

  • 1The typical home is worth $197,692, up 1.4% in a year and up 29% over five years.
  • 2Zillow forecasts home values rising 0.8% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,273/mo (+3.8% YoY), a 7.7% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,086/mo in principal and interest, $187 less than renting.
  • 5Homes go under contract in 73 days (+16 days vs last year); 29% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 40/100, #278 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $198K
$108K$138K$167K$196K2016201920222025
Typical monthly rent
Latest $1,273
$978$1,069$1,161$1,25220222023202420252026

How fast homes are selling

Days to go under contract
Latest 73
2046739920182020202220242026
Share of listings with a price cut
Latest 29.3%
9.9%16.2%22.6%28.9%20182020202220242026
Homes for sale vs new listings
Latest 561
For saleNew listings
10225440555720182020202220242026
Share of homes sold above list price
Latest 24.2%
16.6%27.8%39.0%50.2%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $56K
To buy (20% down)To rent
$26K$36K$45K$54K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Rocky Mount compares

MeasureRocky MountUnited StatesRank of 546
Home value, 1-yr change+1.4%+1.2%#333
Home value, 5-yr change+28.8%+19.7%
12-month forecast+0.8%+1.1%#417
Rent, 1-yr change+3.8%+2.7%#211
Gross rent yield7.7%6.3%#63
Price-to-rent ratio12.915.8
Mortgage P&I on typical home$1,086$2,012
Income needed to buy$56,054$100,902
Days to pending7356

Cities in the Rocky Mount metro

1 cities with home value and rent data.

Rocky Mount$186K▲ 0.3%$1,259▲ 2.9%8.1%

Run the numbers

Renting out a property in North Carolina? See deposit limits, late fee rules and notice periods.

Other North Carolina metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.