27801, Rocky Mount, NC

Home Equity and Home Prices in the 27801 Zip Code of Rocky Mount, NC

The 27801 zip code of Rocky Mount, NC has a median home value of $128,000. This is higher than the statewide median home value of $123,000. The zip code also has a lower than average percentage of homeowners with mortgages at 66%. This indicates that many residents are able to borrow against their homes equity to cover some or all of their monthly mortgage payments.

The average home price in the zip code has increased by 10% over the past year. This is likely due to increasing demand for housing in the area as well as low interest rates. It is important to note that while prices have increased, they are still below their pre-recession levels.

If you are looking to buy a home in the 27801 zip code, you should be prepared to spend more than you would if you were buying elsewhere in North Carolina. However, if you are able to afford it, this may be an ideal area to live in because of its high quality of life and relatively low cost of living.