$9,261 Closing Credit*
$779,900
2,544 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73319492, Sarah Holick, Listing Office: Seaport Realty
Is Rochester, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Rochester was a Buyer's Market.
Key Takeaway
Rochester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rochester, MA
How much do homes in Rochester, MA cost?
Median Sold Price
$681,250
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$61,300(+9.9%)
Key Takeaway
Homes in Rochester have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Rochester was $681,250 in November 2024, up 9.9% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $363K | - | N/A |
| 2 Bedrooms | $518K | $480K | -7.3% |
| 3 Bedrooms | $575K | $681.2K | +18.5% |
| 4 Bedrooms | $747.4K | $735K | -1.7% |
| 5+ Bedrooms | $700K | $1.0M | +42.9% |
Summary: Rochester housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 42.9%.
Median Sold Price Compared To Nearby Cities
| Rochester | $619.9K | $681.2K | +9.9% |
| Mattapoisett | $640K | $700K | +9.4% |
| Wareham | $415K | $450K | +8.4% |
| West Wareham | $422.5K | $444.9K | +5.3% |
| Marion | $792.5K | $799K | +0.8% |
Housing Supply in Rochester, MA
How many homes are available in Rochester, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Rochester real estate market had 19 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Rochester housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rochester, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Rochester in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Rochester, MA
How long does it take to sell a home in Rochester, MA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 44 Days | +169.7% |
Summary: Homes in Rochester had an average of 44 days on market in Nov 2024, up by 169.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rochester are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Rochester; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
