$8,906 Closing Credit*
$750,000
3,304 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jamieson Duston, Listing Office: Duston Leddy Real Estate
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
$420,000
$257/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$40,000(+10.5%)
Key Takeaway
Homes in Rochester have sold for 10.5% more than they did a month ago.
Summary: The median home sold price in Rochester was $420,000 in November 2024, up 10.5% from last month, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $320K | N/A |
| 2 Bedrooms | $302.5K | $316.9K | +4.8% |
| 3 Bedrooms | $390K | $460K | +17.9% |
| 4 Bedrooms | $425K | $350K | -17.6% |
| 5+ Bedrooms | $393.5K | $637K | +61.9% |
Summary: Rochester housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 61.9%.
Median Sold Price Compared To Nearby Cities
| Somersworth | $325K | $550K | +69.2% |
| Rochester | $380K | $420K | +10.5% |
| Farmington | $517.5K | $355K | -31.4% |
Housing Supply in Rochester, NH
How many homes are available in Rochester, NH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 61 | -7.6% |
Summary: The Rochester real estate market had 61 homes for sale in November 2024, a 7.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 18 | 15 | -16.7% |
| 3 Bedrooms | 34 | 34 | 0.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Rochester housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 26 | +44.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rochester, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Rochester in November 2024, up by 44.4% month-over-month. Of the 26 sold homes, 27% were sold under asking, 23% were sold at asking, and 50% were sold over asking.
Days on Market for Rochester, NH
We’re sorry, we don't have information for this market at the moment
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.