Rocky Point, NC


Highest Appreciating Rocky Point Neighborhoods Since 2000

Rocky Point, NC Real Estate Data

Rocky Point Housing Market Information

With 1,725 people, 620 houses or apartments, and a median cost of homes of $148,485, 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 65.45% of the town's housing units. Other types of housing that are prevalent in Rocky Point include single-family detached homes ( 34.55%).

Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Rocky Point. Owner-occupied housing accounts for 69.68% of Rocky Point's homes, and 63.40% have either three or four bedrooms, which is average sized relative to America.

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 ( 16.11%). A lesser amount of the housing stock also hails from before 1939 ( 12.15%). There's also some housing in Rocky Point built between 2000 and later ( 10.25%).

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 -0.92%, which is lower than 70% 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 6.76%, which is higher than appreciation rates in 82.57% 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 -0.10%, which equates to an annual appreciation rate of -0.38%.

Notably, Rocky Point's appreciation rate in the latest quarter is one of the lowest in America.

Relative to North Carolina, our data show that Rocky Point's latest annual appreciation rate is higher than 80% of the other cities and towns in North Carolina.

Average Home Values


Median Home Value:


Value Range
> $1,080,000 0.9
$810,001 - $1,080,000 0.0
$540,001 - $810,000 1.2
$432,001 - $540,000 1.3
$324,001 - $432,000 3.4
$216,001 - $324,000 14.4
$108,001 - $216,000 42.7
$54,001 - $108,000 22.6
$0 - $54,000 13.6

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
51.525443579083 45.9165154264973

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$812 / per month

Homeownership Rate

Owners 69.68
Renters 30.32
Vacant 9.22

Housing Market Details


Age of Homes

AGE OF Rocky Point HOMES
2000 or Newer 10.2
1970 - 1999 61.5
1940 - 1969 16.1
1939 or Older 12.2

Types of Homes

Single-Family 34.6
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 65.4
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 6.59
2 Bedrooms 27.82
3 Bedrooms 46.56
4 Bedrooms 16.84
5 or more bedrooms 2.20

Rocky Point Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
41.17% 2.05% 8 5
* 10 is highest

Popular Neighborhoods in Rocky Point

Zip Codes in Rocky Point, NC