$5,284 Closing Credit*
$445,000
2,648 SqFt
5 Beds
•3 Full Baths
Sam McIntire, Listing Office: Chinatti Realty Group
Is Rochester, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rochester has remained a Seller'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, NH
How much do homes in Rochester, NH cost?
Median Sold Price
$424,900
$253/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$4,900(+1.2%)
Key Takeaway
Homes in Rochester have sold for 1.2% more than they did a month ago.
Summary: The median home sold price in Rochester was $424,900 in December 2024, up 1.2% from last month, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320K | - | N/A |
| 2 Bedrooms | $316.9K | $304K | -4.1% |
| 3 Bedrooms | $460K | $417.9K | -9.1% |
| 4 Bedrooms | $350K | $550K | +57.1% |
| 5+ Bedrooms | $637K | $485K | -23.9% |
Summary: Rochester housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes decreased by 23.9%.
Median Sold Price Compared To Nearby Cities
| Rochester | $420K | $424.9K | +1.2% |
| Farmington | $355K | $340K | -4.2% |
| Somersworth | $550K | $392K | -28.7% |
Housing Supply in Rochester, NH
How many homes are available in Rochester, NH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 64 | 49 | -23.4% |
Summary: The Rochester real estate market had 49 homes for sale in December 2024, a 23.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 15 | 6 | -60.0% |
| 3 Bedrooms | 38 | 31 | -18.4% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Rochester housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 | 21 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rochester, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 21 homes were sold or pending in Rochester in December 2024, down by 25.0% month-over-month. Of the 21 sold homes, 24% were sold under asking, 33% were sold at asking, and 43% were sold over asking.
Days on Market for Rochester, NH
We’re sorry, we don't have information for this market at the moment
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