The Rocky Point Road Corridor housing market is somewhat competitive. The median sale price of a home in Rocky Point Road Corridor was $650K last month, up 25.5% since last year. The median sale price per square foot in Rocky Point Road Corridor is $229, up 37.1% since last year.
What is the housing market like in Rocky Point Road Corridor today?
In December 2024, Rocky Point Road Corridor home prices were up 25.5% compared to last year, selling for a median price of $650K. On average, homes in Rocky Point Road Corridor sell after 156 days on the market compared to 44 days last year. There were 3 homes sold in December this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$650,000
+25.5% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Rocky Point Road Corridor, TN
$650,000
+25.5%
United States
To compare other locations to the Rocky Point Road Corridor and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Memphis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Rocky Point Road Corridor housing market?
Rocky Point Road Corridor is somewhat competitive. Homes sell in 38 days.
0
100
46
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 38 days.
Hot homes
can sell for about 1% above list price and go pending in around 21 days.
Learn about schools in the Rocky Point Road Corridor area
Elementary
Middle
High
GreatSchools Rating
3/10
Cordova Elementary School
Public • PreK-5
771
Students
13 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Rocky Point Road Corridor housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rocky Point Road Corridor.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rocky Point Road Corridor has a minor risk of flooding. 23 properties in Rocky Point Road Corridor are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Rocky Point Road Corridor. Flood risk is increasing slower than the national average.
69% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rocky Point Road Corridor has a moderate risk of wildfire. There are 300 properties in Rocky Point Road Corridor that have some risk of being affected by wildfire over the next 30 years. This represents 69% of all properties in Rocky Point Road Corridor.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Rocky Point Road Corridor has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Rocky Point Road Corridor is most at risk from hurricanes. 432 properties in Rocky Point Road Corridor have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 69 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.
98% of properties are at major
risk of heat over the next 30 years
Heat Factor
Rocky Point Road Corridor has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Rocky Point Road Corridor have a Major Heat Factor®.
Rocky Point Road Corridor is expected to see a 200% increase in the number of days over 110ºF over the next 30 years. Rocky Point Road Corridor is expected to experience 8