Rockingham, NC—28379
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rockingham, NC
As of Nov '25, the median home price in Rockingham, NC is $130,000, with a year-over-year change of 0.8%. This indicates that home prices in Rockingham, NC are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $130,000 | 0.8% |
| Single Family | $129,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $116,000 | -0.9% |
3 Bed | $201,000 | 3.1% |
4 Bed | $278,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rockingham, NC
As of July '25, Rentcast reports the average rent in Rockingham, NC is $908, with a year-over-year rent change of -15.9%. Per bedroom, the median rent as of July '25 in Rockingham, NC is 2-bedrooms: $862, 3-bedrooms: $1,000. The most common rental property sizes in Rockingham, NC are 3-bedroom and 2-bedroom, accounting for 35.0% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $908 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $825 | $862 |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rockingham, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Rockingham, NC is 68. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $230,000 | 3.0% |
Listing Count | 88 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 68 | 7.0% |
Demographics — Rockingham, NC
As of the latest ACS Survey released in 2023, Rockingham, NC has a population of 24,100, which has decreased by -1.4% over the past 5 years. Rockingham, NC is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,100 | -1.4% |
% Under 18 | 24.3% | 14.1% |
% Seniors | 19.4% | 4.3% |
% WFH | 1.5% | -21.1% |
% w/ College Degree | 19.3% | 12.2% |
As of the latest ACS Survey released in 2023, Rockingham, NC is a predominantly white area, with 55.5% of the population identifying as white. The white population has shrunk by 9.0% in the last 5 years. The second most common race or ethnicity in Rockingham, NC is black, making up 31.8% of the population. Foreign-born residents account for 4.0% of the population in Rockingham, NC, and this percentage has increased by 48.1% 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 | 55.5% | -9.0% |
% Black | 31.8% | 5.3% |
% Hispanic | 8.3% | 84.4% |
% Asian | 1.1% | 37.5% |
% Foreign Born | 4.0% | 48.1% |
Mortgage and Risk — Rockingham, NC
According to HUD data as of 2023, there were 277 mortgage originations in Rockingham, NC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Rockingham, NC. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 277 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — Rockingham, NC
Rockingham, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 686 |
Total Units Section 8 | 411 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $860 |
| 2 Bedroom | $125 | $825 | $950 |
| 3 Bedroom | $330 | $1,000 | $1,330 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Rockingham, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $130,000 |
| Median Household Income | $47,200 |