Rocky Point, NC


Highest Appreciating Rocky Point Neighborhoods Since 2000

Rocky Point, NC Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Rocky Point Housing Market Information

With 1,725 people, 624 houses or apartments, and a median cost of homes of $143,303, Rocky Point real estate and house prices are near the national average for all cities and towns.

Mobile homes or trailers are the single most common housing type in Rocky Point, accounting for 63.80% of the town's housing units. Other types of housing that are prevalent in Rocky Point include single-family detached homes ( 36.20%).

The most prevalent building size and type in Rocky Point are three and four bedroom dwellings, chiefly found in mobile homes or trailers. The town has a mixture of owners and renters, with 60.74% owning and 39.26% renting.

There is a lot of housing in Rocky Point built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rocky Point built between 1940-1969 ( 18.40%). A lesser amount of the housing stock also hails from before 1939 ( 11.28%). There's also some housing in Rocky Point built between 2000 and later ( 11.13%).

Rocky Point Home Appreciation Rates

Rocky Point's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Rocky Point during the period has been just -1.59%, which is lower than 80% of US communities.

Appreciation rates are so strong in Rocky Point that despite a nationwide downturn in the housing market, Rocky Point real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rocky Point appreciation rates continue to be some of the highest in America, at 5.70%, which is higher than appreciation rates in 71.38% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rocky Point. Rocky Point appreciation rates in the latest quarter were at 2.52%, which equates to an annual appreciation rate of 10.47%.

Importantly, this makes Rocky Point one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to North Carolina, our data show that Rocky Point's latest annual appreciation rate is higher than 70% of the other cities and towns in North Carolina.

Average Home Values


Median Home Value:


Value Range
> $1,091,000 0.9
$819,001 - $1,091,000 0.0
$546,001 - $819,000 1.3
$437,001 - $546,000 0.3
$327,001 - $437,000 2.2
$218,001 - $327,000 17.3
$109,001 - $218,000 40.3
$55,001 - $109,000 22.3
$0 - $55,000 15.5

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
53.1583264971288 46.6424682395644

Number Of Homes And Apartments:

Rocky Point Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
30.57% 1.56% 6 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$932 / per month

Homeownership Rate

Owners 60.74
Renters 39.26
Vacant 7.42

Housing Market Details


Age of Homes

AGE OF Rocky Point HOMES
2000 or Newer 11.1
1970 - 1999 59.2
1940 - 1969 18.4
1939 or Older 11.3

Types of Homes

Single-Family 36.2
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 63.8
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 7.42
2 Bedrooms 22.11
3 Bedrooms 43.92
4 Bedrooms 24.63
5 or more bedrooms 1.93

Popular Neighborhoods in Rocky Point

Zip Codes in Rocky Point, NC