Rochester, IL Home Values & Market Trends
Real estate market trends reflect that there have been 79 transactions over the past year in Rochester. The median value for residential home transactions that occurred over the previous year is $245,488.41. The number of current listings in Rochester is 5, and the percentage of properties for sale in the city is 5.00%. Rochester, IL currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 5 properties for sale.
Rochester, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62563 | $ 174,528 $ 98/sqft |
Housing Market Summary for Rochester, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $362K | $214.1K | -40.85% |
| Median Sold Price | $197.3K | $214.1K | 8.51% |
| Homes For Sale | 2 | 3 | 50.00% |
| Homes Sold | 44 | 48 | 9.09% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Rochester, IL
Browse Homes in Rochester, IL
Rochester home values range from $25,846 to $1,011,339. The median estimated value of a home in Rochester is $245,488.41. The median list price of a home is 375,000, and the total count of properties in the city is 2,084.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Rochester, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Rochester, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rochester, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Rochester, IL. There is 1 zips within Rochester, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Rochester, IL. Auction homes and other auction properties account for 0% of all properties in Rochester, IL. There is 1 zips within Rochester, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Rochester, IL
Guide for Rochester, IL
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
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