Metropolitan market · North Carolina · September 2026 data

What is the Roanoke Rapids, NC real estate market doing?

As of September 2026, the median home listed in Roanoke Rapids, NC asks $228,750, down 14.8% year over year. Homes spend a median of 67 days on market, with 185 active listings and 16% carrying a price cut; pending contracts equal 44% of active listings, and inventory sits at 83% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$228,750
▼ 14.8% YoY
Median $ / sq ft
$146
1,592 sq ft median
Median days on market
67
September 2026
Active listings
185
For sale now
New listings
82
September 2026
Listings with price cuts
16%
Share of active
Inventory vs 2019
83%
Same month, 2019 = 100
Pending / active
44%
Contract activity
Median sale price (closed)
$220,000
▲ 38.1% YoY · closed sales · July 2026
Sale-to-list ratio
94.2%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
30
Closed sales · July 2026, seasonally adjusted

What is the Roanoke Rapids, NC housing market doing right now?

The Roanoke Rapids, NC housing market lists at a $228,750 median as of September 2026, down 14.8% year over year, with a 67-day median market time and 185 homes for sale (16% with a price cut). Active inventory is 83% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.

Roanoke Rapids housing market statistics

The table summarizes Roanoke Rapids's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Roanoke Rapids.

Roanoke Rapids, NC housing market at a glance — September 2026
MetricLatestDetail
Median listing price$228,750-14.8% YoY
Median price per sq ft$1461,592 sq ft median
Median days on market67-1% YoY
Active listings185+14% YoY
New listings this month82September 2026
Listings with a price cut16%Share of active
Median sale price (closed)$220,000+38.1% YoY · closed sales, July 2026
Sale-to-list ratio94.2%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio43.6%81 pending
Inventory vs 201983%Active listings vs same month in 2019

How have home prices changed in Roanoke Rapids?

Roanoke Rapids home prices are down 14.8% year over year and +1.4% month over month as of September 2026, at a $228,750 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$292K$276K$260K$245K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Roanoke Rapids NC · trailing 8 quarters · source: public records and industry data.

The 10-year view
$300K$266K$232K$199K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Roanoke Rapids NC · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Roanoke Rapids?

Roanoke Rapids has 185 active listings, 82 new this month, 81 pending as of September 2026. About 16% of active listings have cut their price, and inventory sits at 83% of its 2019 level — a balanced market by pace.

Active listings
185
New this month
82
Pending
81
Price-reduced
29

Is Roanoke Rapids a good real estate investment?

Roanoke Rapids scores 50/100 on WealthyBud's composite Investor Score, ranking #450 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
50/100
#450 of 933 covered metros
12-month outlook
+0.6%
Flat · model output, not advice
Momentum
51
Value
49
Rental yield
51
Supply risk
41
Market heat
37

Roanoke Rapids scores 50/100 on our composite Investor Score (#450 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 83% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 14.8% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Roanoke Rapids ranks on the trending markets index.

How much is a monthly mortgage payment in Roanoke Rapids?

A home at Roanoke Rapids's $228,750 median listing runs about $1,252 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,130/mo
−$122/mo vs today
At today's rate · 7.28%
$1,252/mo
National weekly average
If rates rise 1% · 8.28%
$1,379/mo
+$127/mo vs today

Principal & interest on the $228,750 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Roanoke Rapids?

To buy Roanoke Rapids’s $228,750 median listing with 20% down, a household needs about $63,000 a year in gross income, keeping principal, interest and property tax ($1,473/mo) at 28% of income. That is 1.4× the area’s $45,823 median household income, so a typical Roanoke Rapids household cannot afford the median listing on these terms.

Income needed to buy the median home in Roanoke Rapids, NC — September 2026
ItemAmountBasis
Median listing price$228,750September 2026
Down payment (20%)$45,750Assumption
Principal & interest (7.28%, 30-yr fixed)$1,252/moRate as of 2026-10-01
Property tax (1.16% effective rate)$221/moCensus ACS
Income needed (28% rule)$63,000Gross household income / yr
Median household income$45,823Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Roanoke Rapids housing market?

Longer-run demand in Roanoke Rapids shows up in 89 homes permitted in 2025; net migration of -93 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
89
▲ 23.6% vs 2024
1.4 per 1,000 residents
Net migration (2022–2023)
-93
▼ people, via tax-return records
net income flow −$5.47M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Roanoke Rapids housing market FAQ

What is the median home price in Roanoke Rapids?
As of September 2026, the median listing price in Roanoke Rapids, NC is $228,750, down 14.8% year over year (source: public records and industry data). Figures cover the Roanoke Rapids, NC metro area.
How much does it cost to buy a home in Roanoke Rapids?
The median home listed in Roanoke Rapids asks $228,750 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,252 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Roanoke Rapids?
The median property in Roanoke Rapids spends 67 days on the market, with 185 homes actively listed and 16% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Roanoke Rapids?
With a median 67 days on market and 16% of active listings carrying a price cut, pending contracts at 44% of active listings, Roanoke Rapids reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Roanoke Rapids a good place to invest in real estate?
Roanoke Rapids scores 50/100 on WealthyBud's Investor Score, ranking #450 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Roanoke Rapids?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Roanoke Rapids and the wider North Carolina market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Roanoke Rapids, NC metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More North Carolina housing markets

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.