Rochester Metro Area, NY Housing

Rochester, NY Metro Area is an attractive housing market for potential buyers. The median value of a home in the area is $217,800, which is lower than the US median home value of $338,100. Furthermore, the 1 year house appreciation rate in Rochester, NY Metro Area is 11.20%, which is higher than the national average of 8.27%. This strong appreciation rate illustrates how quickly homes in this area are increasing in value and how attractive of an investment it is.

The median home cost in Rochester Metro Area is $217,800. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Rochester Metro Area is up 13.9%.

Average Age of Homes

- The median age of Rochester Metro Area real estate is 53 years old

The Rental Market in Rochester Metro Area

- Renters make up 29.3% of the Rochester Metro Area population
- 1.8% of houses and apartments in Rochester Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rochester, New York	United States
	487,610.0	139,647,020.0
	56	42
	$217,800	$338,100
	13.9%	16.6%
	53.8%	57.0%
	72.0%	101.1%
	$29.45	$10.98
	$4,544	$2,690
	61.4%	57.4%
	8.7%	11.2%
	29.9%	31.4%
Vacant Housing
	1.8%	1.9%
	0.5%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	2.3%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	1.7%	2.4%
	3.1%	2.8%
	5.9%	3.9%
	8.7%	4.5%
	25.2%	11.3%
	20.5%	13.0%
	19.0%	20.1%
	7.3%	13.6%
	2.6%	8.3%
	2.0%	9.7%
	0.7%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.9%	13.6%
	6.9%	13.6%
	9.3%	13.6%
	11.0%	13.2%
	12.7%	14.8%
	9.3%	13.6%
	11.2%	10.0%
	5.4%	4.7%
	27.2%	12.2%

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