NY · Metro #52

Rochester - NY housing market

The Rochester metro has a typical home value of $278,388, up 4.3% from a year ago. Homes are moving fast at 8 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$278,388
+4.3% vs. year ago
Median sale price
$257,544
+7.8% YoY
Median list price
$243,300
Sale-to-list ratio
109.9%
Selling above ask
Days on market
8d
Listings w/ price cut
8.9%
New listings / mo
778
+1.8% YoY
Homes for sale
1,264
+4.3% YoY
Typical rent
$1,576/mo
+3.3% YoY
Context

How to read this data

The typical home value ($278,388) is the Zillow Home Value Index for the Rochester - NY metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 4.3% over the past year. In Rochester - NY, that means a home worth $266,911 last year is now worth roughly $278,388.

The median sale price , what homes actually close for , is $257,544. Homes are selling at 109.9% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Rochester - NY sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.

About 8.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 778 new listings hit the market each month in Rochester - NY. There are currently 1,264 homes for sale, up 4.3% from a year ago.

The typical monthly rent in Rochester - NY is $1,576, up 3.3% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in NY

MetroHome value1-yr changeDays on market
New York - NY$718,397 +4.1% 26.0d
Buffalo - NY$282,896 +4.6% 11.0d
Albany - NY$364,241 +5.1% 8.0d
Syracuse - NY$258,827 +6.3% 7.0d
Utica - NY$223,525 +7.9% 26.0d
Binghamton - NY$193,399 +5.3% 15.0d
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