Home Values

Rock Hill Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$132,400

  • 7.1% 1-year change
  • 2.4% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Neutral

Buyers' Market
Sellers' Market

The median home value in Rock Hill is $132,400. Rock Hill home values have gone up 7.1% over the past year and Zillow predicts they will rise 2.4% within the next year. The median list price per square foot in Rock Hill is $84, which is lower than the Charlotte Metro average of $100. The median price of homes currently listed in Rock Hill is $159,900 while the median price of homes that sold is $138,000. The median rent price in Rock Hill is $895, which is lower than the Charlotte Metro median of $1,175.

Foreclosures will be a factor impacting home values in the next several years. In Rock Hill 4.9 homes are foreclosed (per 10,000). This is lower than the Charlotte Metro value of 6.9 and also greater than the national value of 4.5

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 Rock Hill is 8.6%, which is higher 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 Rock Hill homeowners underwater on their mortgage is 12.9%, which is lower than Charlotte Metro at 17.3%.

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Relative ZHVI
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Rock Hill Market Overview

Data through Oct 31, 2014
  • $132,400 ZHVI
  • 2.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $159,900 Median listing price
  • $138,000 Median sale price
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Rock Hill Market Health

Data through Oct 31, 2014
  • 2.9/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 12.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.9 homes Rock Hill
6.9 homes Charlotte Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Marvin $554,100
Tega Cay $274,100
Fort Mill $231,900
Name Median ZHVI
Clover $166,100
Waxhaw $162,500
Catawba $142,200
Name Median ZHVI
York $138,100
Pineville $135,200
Mc Connells $132,900

Listings & Sales

Data through Oct 31, 2014
  • $84 Median list price / sq ft
  • $90 Median sale price / sq ft
  • 32.6% Listings with price cut
32.4%
Sold below listing
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Rock Hill Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,177 Rock Hill
    $1,219 Charlotte Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $895 Rent list price
  • $0.76 Rent list price / sq ft
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