Home Values

East Rochester Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$90,300

  • 1.0% 1-year change
  • 1.3% 1-year forecast

The median home value in East Rochester is $90,300. East Rochester home values have gone up 1.0% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in East Rochester is $70, which is lower than the Rochester Metro average of $91. The median price of homes currently listed in East Rochester is $84,900 while the median price of homes that sold is $87,500. The median rent price in East Rochester is $775, which is lower than the Rochester Metro median of $895.

Foreclosures will be a factor impacting home values in the next several years. In East Rochester 4.3 homes are foreclosed (per 10,000). This is greater than the Rochester Metro value of 2.8 and also greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in East Rochester is 6.5%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of East Rochester homeowners underwater on their mortgage is 10.4%, which is higher than Rochester Metro at 8.4%.

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Relative ZHVI
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East Rochester Market Overview

Data through Sep 30, 2014
  • $90,300 ZHVI
  • 1.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $84,900 Median listing price
  • No recent data Median sale price
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East Rochester Market Health

Data through Sep 30, 2014
  • 6.2/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 10.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.3 homes(Aug 31, 2014) East Rochester
2.8 homes Rochester Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Town of Pittsford $254,000
Perinton $186,300
Penfield $181,100
Name Median ZHVI
Fairport $168,500
Brighton $165,200
Henrietta $130,100
Name Median ZHVI
Irondequoit $111,300
Rochester $61,500
 

Listings & Sales

Data through Sep 30, 2014
  • $70 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 59.1% Listings with price cut
33.3%
Sold below listing
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East Rochester Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,265 East Rochester
    $1,397 Rochester Metro
    $1,335 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $775 Rent list price
  • No data Rent list price / sq ft
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