Roanoke Rapids Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Roanoke Rapids is $78, which is lower than the Roanoke Rapids Metro average of $109. The median price of homes currently listed in Roanoke Rapids is $115,000 while the median price of homes that sold is $115,538.

Foreclosures will be a factor impacting home values in the next several years. In Roanoke Rapids 1.1 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Roanoke Rapids is 5.8%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Roanoke Rapids homeowners underwater on their mortgage is 22.5%.

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Relative ZHVI
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Roanoke Rapids Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $115,000 Median listing price
  • No recent data Median sale price
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Roanoke Rapids Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 22.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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US Metro Areas

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Los Angeles Metro $532,600 New York Metro $378,200 Washington Metro $358,000
Miami-Fort Lauderdale Metro $203,800 Philadelphia Metro $199,100 Chicago Metro $185,800
Atlanta Metro $150,700 Houston Metro $150,000 Dallas-Fort Worth Metro $147,000

Listings & Sales

Data through Aug 31, 2014
  • $78 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 31.9% Listings with price cut
18.2%
Sold below listing
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Roanoke Rapids Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$835 Roanoke Rapids
$832 Roanoke Rapids Metro
$1,328 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $0.50 Rent list price / sq ft (Jul 31, 2014)
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