Monroe County, NY Home Values & Market Trends
The median home price in Monroe County, NY is $232,057.18. There were 9,424 home sales in Monroe County, NY over the past 12 months. The median residential Monroe County, NY home value for transactions over the previous year is $202,613.006. The number of current listings in Monroe County, NY is 361, and the percentage of properties for sale is 361.00%. The county has 1,872 foreclosures, 24 bank owned properties, 75 headed for auction, and 361 properties for sale.
Monroe County, NY Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Rochester | $ 140,178 $ 101/sqft | Honeoye Falls | $ 360,928 $ 174/sqft |
Webster | $ 315,478 $ 171/sqft | East Rochester | $ 112,500 $ 121/sqft |
Pittsford | $ 470,000 $ 206/sqft | Churchville | $ 218,750 $ 171/sqft |
Fairport | $ 274,900 $ 185/sqft | Hamlin | $ 143,953 $ 86/sqft |
West Henrietta | $ 327,000 $ 179/sqft | Scottsville | $ 222,900 $ 137/sqft |
Spencerport | $ 164,900 $ 134/sqft | Rush | $ 254,906 $ 162/sqft |
Hilton | $ 289,900 $ 184/sqft | Mendon | $ 175,362 $ 108/sqft |
Brockport | $ 185,816 $ 135/sqft | North Chili | $ -- $ -- |
Henrietta | $ 225,267 $ 121/sqft | Mumford | $ -- $ -- |
Penfield | $ 397,851 $ 179/sqft |
Housing Market Summary for Monroe County, NY
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $169.9K | $215.1K | 26.58% |
Median Sold Price | $189.8K | $215.1K | 13.28% |
Homes For Sale | 431 | 334 | -22.51% |
Homes Sold | 5,048 | 5,297 | 4.93% |
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
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Browse Homes in Monroe County, NY
Monroe County, NY home values range from $18,172 to $5,891,951. Pittsford is the priciest city with a median listing home price of $457,450, and Rochester is most affordable with average house prices of around $149,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.78% of all residential properties in Monroe County, NY with Rochester containing 1340 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 19 cities within Monroe County, NY; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,520,913 in Mendon to the lowest home value of $19,277 in Rochester.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Monroe County, NY ranges from the highest value of $437,466 in Fairport to the lowest value of $38,297 in Rochester. Bank owned homes and properties account for 0.01% of properties in Monroe County, NY. There are 19 cities within Monroe County, NY; Rochester containing 20 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsRochester has 63 auction properties, the highest number of properties going to auction in a single city in the state of Monroe County, NY. Auction homes and other auction properties account for 0.03% of all properties in Monroe County, NY. There are 19 cities within Monroe County, NY; of those cities, the median estimated home value for homes going to auction ranges from $296,000 in Pittsford to the lowest value of $36,392 in Pittsford.
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Guide for Monroe County, NY
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.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
An increase is house prices but a slowdown of homes sold in September
With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks