Rockingham, VT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Rockingham Neighborhoods Since 2000




Rockingham, VT Real Estate Data


Rockingham Housing Market Information

With a population of 5,118, 2,252 total housing units (homes and apartments), and a median house value of $152,307, Rockingham real estate values are some of the lowest in Vermont, although compared to real estate around the nation, Rockingham homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Rockingham, accounting for 50.23% of the town's housing units. Other types of housing that are prevalent in Rockingham include duplexes, homes converted to apartments or other small apartment buildings ( 34.69%), large apartment complexes or high rise apartments ( 8.16%), and a few mobile homes or trailers ( 5.99%).

The most prevalent building size and type in Rockingham are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 59.57% owning and 40.43% renting.

The housing in Rockingham was primarily built before 1939 ( 60.29%), making the housing stock in Rockingham some of the oldest overall in America, although there is a range of ages of homes in Rockingham. The next most important housing age is between 1970-1999 ( 18.10%), followed by between 1940-1969 ( 17.52%). There's also some housing in Rockingham built between 2000 and later ( 4.10%).

Vacant housing appears to be an issue in Rockingham. Fully 12.92% of the housing stock is classified as vacant. Left unchecked, vacant Rockingham homes and apartments can be a drag on the real estate market, holding Rockingham real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Rockingham Home Appreciation Rates

Rockingham's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Rockingham during the period has been just -0.89%, which is lower than 70% of US communities.

Over the last year, Rockingham appreciation rates have trailed the rest of the nation. In the last twelve months, Rockingham's appreciation rate has been 2.78%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rockingham were at 3.04%, which equates to an annual appreciation rate of 12.74%.

Importantly, this makes Rockingham 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 Vermont, our data show that Rockingham's latest annual appreciation rate is higher than 70% of the other cities and towns in Vermont.

Average Home Values

 

Median Home Value:
$152,307

Rockingham, VT HOME PRICES

Value Range
> $1,008,000 1.4
$755,001 - $1,008,000 2.5
$503,001 - $755,000 1.3
$403,001 - $503,000 0.0
$302,001 - $403,000 4.6
$202,001 - $302,000 15.6
$100,001 - $202,000 50.6
$50,001 - $100,000 20.1
$0 - $50,000 4.0

Very Low for VT
Average for Nation

Value Relative to Nation Value Relative to State
49.7804063945658 91.970802919708

Number Of Homes And Apartments:
2,252

Rent & Ownership

 

Average Market Rent:
$888 / per month

Homeownership Rate

Homeownership
Owners 59.57
Renters 40.43
Vacant 12.92

Housing Market Details

 

Age of Homes

AGE OF Rockingham HOMES
2000 or Newer 4.1
1970 - 1999 18.1
1940 - 1969 17.5
1939 or Older 60.3

Types of Homes

TYPE OF Rockingham HOMES
Single-Family 50.2
Townhomes 0.9
Small Apt. Buildings 34.7
Apt. Complexes 8.2
Mobile Homes 6.0
Other 0.1

Home Size

SIZE OF Rockingham HOMES
No Bedroom 0.73
1 Bedroom 13.57
2 Bedrooms 30.09
3 Bedrooms 33.80
4 Bedrooms 16.94
5 or more bedrooms 4.87

Rockingham Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VT*
Compared To
America*
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
62.15% 2.88% 3 8
* 10 is highest