Rockwell, NC—28138
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rockwell, NC
As of Oct '25, the median home price in Rockwell, NC is $287,000, with a year-over-year change of 0.4%. This indicates that home prices in Rockwell, NC are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $287,000 | 0.4% |
| Single Family | $288,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $235,000 | 2.6% |
3 Bed | $318,000 | 1.6% |
4 Bed | $431,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rockwell, NC
As of July '25, Rentcast reports the average rent in Rockwell, NC is $2,150, with a year-over-year rent change of 36.1%. Per bedroom, the median rent as of July '25 in Rockwell, NC is 2-bedrooms: $1,100. The most common rental property sizes in Rockwell, NC are 3-bedroom and 2-bedroom, accounting for 48.1% and 46.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $2,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rockwell, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Rockwell, NC is 62. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | -10.0% |
Listing Count | 35 | 37.0% |
| Listings as % of Homes | 0.5% | 37.0% |
Days on Market | 62 | -1.0% |
Demographics — Rockwell, NC
As of the latest ACS Survey released in 2023, Rockwell, NC has a population of 9,800, which has decreased by -1.2% over the past 5 years. Rockwell, NC is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,800 | -1.2% |
% Under 18 | 20.1% | 7.5% |
% Seniors | 19.1% | 11.7% |
% WFH | 8.7% | 107.1% |
% w/ College Degree | 20.1% | 24.1% |
As of the latest ACS Survey released in 2023, Rockwell, NC is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Rockwell, NC is hispanic, making up 3.9% of the population. Foreign-born residents account for 1.1% of the population in Rockwell, NC, and this percentage has increased by 83.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.8% | -2.4% |
% Black | 0.6% | -45.5% |
% Hispanic | 3.9% | 85.7% |
% Asian | 0.3% | ∞% |
% Foreign Born | 1.1% | 83.3% |
Mortgage and Risk — Rockwell, NC
According to HUD data as of 2023, there were 156 mortgage originations in Rockwell, NC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Rockwell, NC. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 156 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Rockwell, NC
Rockwell, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,110 |
| 2 Bedroom | $240 | $1,100 | $1,340 |
| 3 Bedroom | N/A | N/A | $1,750 |
| 4 Bedroom | N/A | N/A | $2,240 |
Affordability — Rockwell, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $287,000 |
| Median Household Income | $64,000 |