Question 1

What is the median sold price in Rochester?

Accepted Answer

The median sold price in Rochester is $128,500 based on 4 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Rochester?

Accepted Answer

The average sold price in Rochester is $116,750. Note that the average ($116,750) is lower than the median ($128,500), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Rochester?

Accepted Answer

Home prices in Rochester range from $25,000 to $185,000 based on recent sales data. This $160,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Rochester selling above or below asking price?

Accepted Answer

On average, homes in Rochester are selling at 91.2% of their asking price. This means buyers have significant negotiating power, with homes selling well below asking price. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Rochester?

Accepted Answer

Homes in Rochester are selling in an average of 78 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Rochester?

Accepted Answer

The average price per square foot in Rochester is $135. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $270,000.

Question 7

How much do detached homes cost in Rochester?

Accepted Answer

Detached homes in Rochester are selling for an average of $116,750, with 4 sales over the past 2 years.

Question 8

Are home prices rising or falling in Rochester?

Accepted Answer

Home prices in Rochester have decreased by 86.5% over the past 2 years. The average sold price moved from $185,000 to $25,000. This downward trend may present buying opportunities for purchasers.

Question 9

Is Rochester a buyer's or seller's market?

Accepted Answer

Based on current data, Rochester is a buyer's market. Homes are selling in 78 days on average and at 91.2% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 10

What percentage of homes sell above asking price in Rochester?

Accepted Answer

In Rochester, 0% of homes sold above asking price, while 100% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 11

What are the average property taxes in Rochester?

Accepted Answer

The average annual property tax in Rochester is $950, with a median of $950. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 12

What size homes are selling in Rochester?

Accepted Answer

Homes selling in Rochester range from 1,046 to 1,160 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Rochester?

Accepted Answer

Rochester shows moderate price diversity with a standard deviation of $65,454 around the average price of $116,750. This wide range indicates a diverse market with options at many price points.

Question 14

How do I find out how much a house sold for in Rochester?

Accepted Answer

Simply search our Rochester sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 15

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Rochester will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Rochester?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Rochester. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Rochester Sold Prices & Sale History

Rochester Sold Data Overview

Recently Sold in Rochester

Rochester Price Trends & Sale Statistics

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2-Year Market Trends: All Property Types

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