Home Values

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

$306,000

  • 11.8% 1-year change
  • 4.5% 1-year forecast

The median home value in Rochester is $306,000. Rochester home values have gone up 11.8% over the past year and Zillow predicts they will rise 4.5% within the next year. The median list price per square foot in Rochester is $156, which is higher than the Detroit Metro average of $98. The median price of homes currently listed in Rochester is $300,000 while the median price of homes that sold is $263,750.

Relative ZHVI
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Rochester Market Overview

Data through Dec 31, 2014
  • $306,000 ZHVI
  • 4.5% 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
    (Dec 31, 2015)
  • $300,000 Median listing price
  • $263,750 Median sale price (Oct 31, 2014)
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Rochester Market Health

Data through Dec 31, 2014
  • 9.3/10 Very 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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)
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Nearby Cities

Name Median ZHVI
Oakland $356,300
Washington $268,900
Rochester Hills $268,400
Name Median ZHVI
Troy $259,700
Orion $214,800
Utica $210,400
Name Median ZHVI
Lake Orion $171,000
Sterling Heights $164,700
Auburn Hills $132,700

Listings & Sales

Data through Dec 31, 2014
  • $156 Median list price / sq ft
  • $133 Median sale price / sq ft
  • 19.9% Listings with price cut
20.2%
Sold below listing
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Rochester Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $2,069 Rochester
    $1,088 Detroit Metro
    $1,345 United States

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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $1.07 Rent list price / sq ft
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