Rochester, OH has a median value for housing that is well below the national average. The median value of homes in Rochester is $129,900 compared to the US median at $338,100. Despite this large gap between the two numbers, it appears that the appreciation of housing in Rochester has been growing more quickly than the national average with a 1 year appreciation rate of 10.26% compared to 8.27% across the United States. This suggests that now is a good time for individuals looking to purchase property in Rochester as prices are likely to increase in the near future.
The median home cost in Rochester is $129,900. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Rochester is up 13.4%.
Average Age of Homes
- The median age of Rochester real estate is 64 years old
The Rental Market in Rochester
- Renters make up 17.8% 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.