Renter percentages in Rothwell Heights have generally mirrored the inverse of homeownership rates. The percentage of renters decreased from 24% in 2013 to a low of 12% in 2016, before rising back to 24% in 2022. Interestingly, average rent prices have shown a contrasting trend. From $925 in 2013, the average rent decreased to $782 by 2022, a 15.5% reduction. This decline occurred despite a population increase from 3,614 in 2013 to 4,505 in 2022, indicating that factors beyond simple supply and demand may be influencing the rental market. Recent data shows continued growth in home values, with the average home price in Rothwell Heights reaching $306,740 in 2023 and further increasing to $315,060 in 2024. This upward trend persisted even as federal interest rates rose significantly to 5.02% in 2023 and 5.33% in 2024, the highest rates observed in over a decade. Applying predictive models to forecast 5-year trends, it is anticipated that average home prices in Rothwell Heights will continue to rise, albeit potentially at a slower rate due to higher interest rates. Projections suggest that by 2029, average home prices could reach approximately $360,000 to $380,000. For average rent prices, the forecast indicates a potential stabilization or slight increase, possibly reaching around $850 to $900 per month by 2029, assuming economic conditions and local housing policies remain relatively stable. In conclusion, Rothwell Heights has exhibited a resilient housing market characterized by stable homeownership rates and steadily increasing average home prices over the past decade. Despite population growth, average rent prices have decreased, creating an intriguing dynamic in the local housing market. The recent sharp increase in interest rates may impact future homeownership trends and housing affordability in the area. These trends highlight the complex interplay of factors influencing the housing market in Rothwell Heights and suggest a continued evolution of the neighborhood's residential landscape in the coming years.