Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 4,669, 2,253 total housing units (homes and apartments), and a median house value of $391,926, Rock Hill real estate is some of the most expensive in Missouri, although Rock Hill home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Rock Hill, accounting for 80.34% of the city's housing units. Other types of housing that are prevalent in Rock Hill include row houses and other attached homes ( 10.44%), large apartment complexes or high rise apartments ( 9.23%).
Dwellings in Rock Hill tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 49.89% of the homes in Rock Hill have two or fewer bedrooms.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Rock Hill's housing was primarily built during this period, from the '40s through the '60s. A full 61.71% of the city's housing hails from this era. Other housing ages represented in Rock Hill include homes built between 2000 and later ( 19.28%) and housing constructed before 1939 ( 9.79%). There's also some housing in Rock Hill built between 1970-1999 ( 9.23%).
Rock Hill's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Rock Hill during the period has been just 5.69%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Rock Hill's appreciation rate, at 4.20%, has been at or slightly above the national average. In the latest quarter, Rock Hill's appreciation rate has been 0.36%, which annualizes to a rate of 1.46%.
Relative to Missouri, our data show that Rock Hill's latest annual appreciation rate is lower than 60% of the other cities and towns in Missouri.
$391,926
for Missouri
for nation
2,253
$2,539 / per month