Is Rochester Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rochester Township has remained a Seller's Market.
Housing Prices in Rochester Township, PA
How much do homes in Rochester Township, PA cost?
Median Sold Price
$135,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rochester Township was $135,000 in April 2024, down 10% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108K | - | N/A |
2 Bedrooms | $108.3K | $111.5K | +3.0% |
3 Bedrooms | $157.5K | $142.9K | -9.3% |
4 Bedrooms | $339.5K | $165K | -51.4% |
5+ Bedrooms | $200K | $42K | -79.0% |
Summary: Rochester Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 51.4%, and 5+ bedroom homes decreased by 79%.
Median Sold Price Compared To Nearby Cities
New Brighton | $124K | $148K | +19.4% |
Rochester | $123K | $135K | +9.8% |
Rochester Township | $150K | $135K | -10.0% |
Housing Supply in Rochester Township, PA
How many homes are available in Rochester Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Summary: The Rochester Township real estate market had 34 homes for sale in April 2024, a 9.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rochester Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Rochester Township in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Rochester Township, PA
How long does it take to sell a home in Rochester Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 56 Days | -26.5% |
Summary: Homes in Rochester Township had an average of 56 days on market in Apr 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Rochester Township; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.