Market Overview
Home Prices in Rocky Mount, VA
The median home value in Rocky Mount, VA is $279,714 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and up 5.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rocky Mount are priced32% below average. Rocky Mount is part of the Roanoke, VA metro area.
Over the past five years, Rocky Mount home values have risen by approximately40.6%, reflecting strong long-term appreciation in this market.
Price History
Rocky Mount Home Price Trend
City Comparison
Rocky Mount vs. National Median
At $279,714, homes in Rocky Mount cost 32% below the national median of $410,000. This makes Rocky Mount a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rocky Mount?
20% Down Payment
$55,943
on $279,714
Monthly P&I
$1,459/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,853/mo
incl. taxes & insurance
Income Needed
$74,120
gross annual (30% rule)
10% Down Option
$27,971
+ PMI applies
Loan Amount (20% dn)
$223,771
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Rocky Mount, VA?
The median home value in Rocky Mount is $279,714 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Rocky Mount?
Over the past year, home values in Rocky Mount have increased by 5.2%. Over five years, prices have risen approximately 40.6%.
How much do I need to earn to buy a home in Rocky Mount?
To comfortably afford the median home price of $279,714 with a 20% down payment ($55,943) at today's rates (6.8%), you'd need a gross annual income of approximately $74,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Rocky Mount compare to the national average home price?
The national median home value is approximately $410,000. At $279,714, homes in Rocky Mount are 32% below the national average.
What metro area is Rocky Mount part of?
Rocky Mount is part of the Roanoke, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.