Rocky Hill Real Estate

If we do a quick check on the real estate data of Rocky Hill, we will find that the town has a total of 7956 houses. Out of these, 4945 are occupied by owners and 2609 are renter occupied. The housing density of the town is 591 houses or condos per square mile. The median number of rooms in the houses and condos is 6.1.

Some of the other interesting facts on housing are that 58% of residents in Rocky Hill stayed in the same house for more than 5 years. The median price of the vacant-for-sale houses and condos in the year 2000 was $138000. The median rent for vacant-for -rent units in the year 2000 was $898. The median gross rent in Rocky Hill was $851. In recent times however, the prices of residential properties have moved up and according to data available from leading sites we find that a total of 46 houses are on sale at present in the town. The median price stands at $311, 900. There are no new homes available and the foreclosure number stand at 1. The mortgage rates for a 15 year term stands at 6.185% and for a 30 year term it stands at 6.577%.

As far as commercial real estate is concerned, the city of Rock Hill has many shopping malls and business centers. Some of the leading shopping centers are the Pavilion West Shopping Plaza, Cold Springs Plaza, Silas Deane Shops and Great Meadow Shopping Center. Overall the town offers affordable real estate to its citizens and with the current downtrend in the market this can be a good time to buy real estate.