Rochester, IL is a great place to own a home. The median value of housing in Rochester is $224,100, which is considerably lower than the US median value of $338,100. Not only that, but the one-year appreciation rate for homes in the area is also higher than the national average at 10.25%, making it a smart investment for those looking to buy a house. Furthermore, Rochester has plenty of amenities and attractions to offer its residents, making it an ideal place to settle down and start a family.
The median home cost in Rochester is $224,100. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Rochester is up 11.6%.
Average Age of Homes
- The median age of Rochester real estate is 37 years old
The Rental Market in Rochester
- Renters make up 10.7% 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.