Rochester, ND is an attractive place to buy a home due to its high median housing value of $253,000. This is significantly higher than the US median house value of $338,100. The 1 year appreciation rate for housing in Rochester is 12.36%, higher than the national average of 8.27%. Therefore, homes in Rochester are appreciating at a faster pace than across the United States as a whole, making it an excellent choice for prospective homeowners looking for a stable investment and potential long-term return on their investment.
The median home cost in Rochester is $253,000. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Rochester is up 13.5%.
Average Age of Homes
- The median age of Rochester real estate is 78 years old
The Rental Market in Rochester
- Renters make up 12.1% 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.