Rockingham County, North Carolina Housing Market Prices
Rockingham County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 80% below the North Carolina median Among the top 5 cheapest counties in North Carolina$56,011
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Median rent 34% below the North Carolina median Cheaper than 71% of counties in North Carolina$810
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Rockingham County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $56,011 | $278,288 | $248,835 |
| Price Trend (Annual %) | 3.4% | 9.3% | 7.5% |
| Median Gross Rent | $810 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rockingham County is about 80% lower than in North Carolina. Rent is about 34% lower than the North Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Rockingham County, up about 3.4% and 3.4% a year respectively. Rent is changing faster.
Median rent in Rockingham County rose about 32.6% between 2015 and 2024, from $611 to $810. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 1.0 yearly household incomes in Rockingham County.
Buying the median-priced home in Rockingham County costs roughly 5.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Rockingham County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Rockingham County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $56,011 | $278,288 | $248,835 |
| Median Household Income | $56,850 | $72,438 | $80,455 |
| Price-to-Income Ratio | 1.0 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Rockingham County fell about 20.4%, while median household income rose about 39.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Rockingham County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.1% | 58.3% | 58.5% |
| Rental Rate | 25.2% | 29.2% | 31.2% |
| Vacancy Rate | 9.7% | 12.5% | 10.2% |
| Median Tenure (years) | 19.0 | 15.0 | 15.0 |
| Median Year Moved In | 2007 | 2011 | 2011 |
Rockingham County has a homeownership rate of 65.1%, higher than the North Carolina average of 58.3%. Its housing vacancy rate is 9.7%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Rockingham County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.30 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1982 | 1989 | 1978 |
| Median Number of Rooms | 5.5 | 5.6 | 5.5 |
The typical housing unit in Rockingham County was built around 1982. On average, 2.3 people live in a home with about 5.5 rooms, staying for about 19.0 years on average.
Rockingham County, NC Housing Compared With Nearby Counties
How Rockingham County, NC compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Rockingham County, NC | 92,115 | $56,011 #3/3 | $810 #2/3 | 72.1% #2/3 |
| Henry County, VA | 49,976 | $69,062 | $727 | 75.2% |
| Guilford County, NC | 547,431 | $224,786 | $1,162 | 60.0% |
Frequently Asked Questions
Common questions about the housing market in Rockingham County, North Carolina.
What is the median home price in Rockingham County, North Carolina?
The median home price in Rockingham County, North Carolina is $56,011, lower than the North Carolina average of $278,288.
What is the average home price in Rockingham County, North Carolina?
The typical home price in Rockingham County, North Carolina, reported as the median sale price, is $56,011. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Rockingham County, North Carolina?
The median gross rent in Rockingham County, North Carolina is $810 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Rockingham County in 2020?
In 2020, the median gross rent in Rockingham County, North Carolina was $669 per month.
What is the price-to-rent ratio in Rockingham County, North Carolina?
The price-to-rent ratio in Rockingham County, North Carolina is about 5.8, meaning it would take roughly 5.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Rockingham County.
Are home prices or rent rising faster in Rockingham County, North Carolina?
Both home prices and rent are rising in Rockingham County, up about 3.4% and 3.4% a year respectively. Rent is changing faster.
What is the homeownership rate in Rockingham County, North Carolina?
65.1% of households in Rockingham County, North Carolina own their home, higher than the North Carolina average of 58.3%.
What is the vacancy rate in Rockingham County, North Carolina?
The housing vacancy rate in Rockingham County, North Carolina is 9.7%, lower than the North Carolina average of 12.5%.
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