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Rocky Mount, VA

Full City Profile · Virginia · Roanoke city County

3.1 /5.0
B Good
4,926 Population 721/sq mi density
$61,580 Median Income $25,287 per capita
$181,400 Home Value $260,982 Zillow
$861 Median Rent 31.6% income on rent
58°F Avg Temperature 305 sunny days/yr
422 Violent Crime/100K 5,649 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$61,580 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$181,400 home value, $861/mo rent
F
Safety
1.0 / 5.0
422 violent crimes/100K (11% above avg)
C+
Education
2.7 / 5.0
21.2% bachelor's degree or higher

Housing Overview

Median Home Value
$181,400
36% below
US avg: $281,900
Median Rent
$861/mo
26% below
US avg: $1,163/mo
Homeownership Rate
62.0%
5% below US avg (65.4%)
Total Housing Units
2,037
Median year built: 1975

Home Value by Source

Census Median
$181,400
Zillow (ZHVI)
$260,982
Median Sale Price
$396,000
Median List Price
$409,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.0%
Owner-Occupied
38.0%
Renter-Occupied
62%
38%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $861/mo

Market Indicators (Redfin)

Median Days on Market
13 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
18.8%
of listings with price reduction
Price Per Sq Ft
$218
Active Inventory
16
homes for sale

Affordability & Housing Stock

Rent Burden
31.6%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
62.0%

Complete Housing Data

Home Values

Census Median Value$181,400
Zillow Home Value (ZHVI)$260,982
Median Sale Price$396,000
Median List Price$409,900
Price Per Sq Ft$218

Rent

Census Median Rent$861
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market13
Sale-to-List Ratio1.0%
Price Drops18.8%
Homes Sold1
Active Inventory16
Price Per Sq Ft$218

Ownership & Stock

Owner-Occupied62.0%
Renter-Occupied38.0%
Homeownership Rate62.0%
Total Housing Units2,037
Median Year Built1975
Rent Burden31.6%