Zip 62563 (Rochester, IL) Housing

Rochester, IL has a median house value of $224,900, which is significantly lower than the US median house value of $338,100. However, Rochester saw a much higher appreciation rate over the past year at 10.25%, compared to the national average of 8.27%. This shows that despite the lower median value in this area, housing prices are increasing rapidly and making it an attractive option for potential buyers looking for a place to call home.

The median home cost in Rochester (zip 62563) is $224,900. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Rochester (zip 62563) is up 11.6%.

Average Age of Homes

- The median age of Rochester (zip 62563) real estate is 39 years old

The Rental Market in Rochester (zip 62563)

- Renters make up 10.6% of the Rochester (zip 62563) population
- 0.0% of houses and apartments in Rochester (zip 62563), 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, Illinois	United States
	2,372.0	139,647,020.0
	37	42
	$224,900	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$20.53	$10.98
	$4,440	$2,690
	89.8%	57.4%
	4.9%	11.2%
	5.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	3.0%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	1.5%	2.4%
	0.4%	2.8%
	2.6%	3.9%
	1.5%	4.5%
	8.1%	11.3%
	28.4%	13.0%
	34.1%	20.1%
	13.2%	13.6%
	5.0%	8.3%
	3.3%	9.7%
	1.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	25.0%	13.6%
	25.0%	13.6%
	12.2%	13.6%
	10.3%	13.2%
	16.4%	14.8%
	12.2%	13.6%
	8.7%	10.0%
	2.6%	4.7%
	9.1%	12.2%

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