Rochester, TX is a small town with an estimated population of about 2,800 people located in Smith County. The median house value in Rochester is much lower than the national average, at $53,100 compared to $338,100 for the United States as a whole. Although the appreciation rate for houses in Rochester over the past year is slightly lower than the national rate of 8.27%, it still stands at 7.07%. These figures indicate that housing in Rochester remains relatively affordable and that prices are likely to continue rising over time.
The median home cost in Rochester is $53,100. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Rochester is up 12.3%.
Average Age of Homes
- The median age of Rochester real estate is 63 years old
The Rental Market in Rochester
- Renters make up 18.0% of the Rochester population
- 0.0% of houses and apartments in Rochester, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.