#R1588640, Talha Shahid, Listing Office: Epique Realty Inc.
Rochester Housing Market Report January 2025•Monroe County, New York
Housing Prices in Rochester, NY
How much do homes in Rochester, NY cost?
Housing Market Conditions
Is Rochester, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Rochester is a Seller's Market
Difference Since January 2024
Since last year, Rochester has remained a Seller's Market.
Rochester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Rochester have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Rochester was $212,241 in January 2025, up 6.1% from last year, and the median price per square foot was $146.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Gates | $202.5K | $220K | +8.6% |
Irondequoit | $220K | $235K | +6.8% |
Greece | $224.9K | $239K | +6.2% |
Rochester | $199.9K | $212.2K | +6.1% |
Brighton | $323.4K | $336K | +3.9% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $121.3K | $149.9K | +23.5% |
22 Bedrooms | $172K | $189.9K | +10.4% |
33 Bedrooms | $200K | $219.9K | +10.0% |
44 Bedrooms | $215.4K | $225.1K | +4.5% |
55+ Bedrooms | $201.6K | $188.3K | -6.6% |
Summary: Rochester housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +23.5%. The home price for 2 bedroom homes increased by +10.4%. The home price for 3 bedroom homes increased by +10.0%. The home price for 4 bedroom homes increased by +4.5%. The home price for 5 bedroom homes decreased by -6.6%.
Housing supply in Rochester, NY
How many homes are available in Rochester, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
840Last MonthJan 2025 | ||
1,0082 months agoDec 2024 | -16.7 % Change MoMDec – Jan |
Summary: The Rochester real estate market had 840 homes for sale in Jan 2025, a 16.7 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
233Last MonthJan 2025 | ||
3942 months agoDec 2024 | -40.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 7 | 8 | +14.3% |
22 Bedrooms | 113 | 112 | -0.9% |
33 Bedrooms | 471 | 354 | -24.8% |
44 Bedrooms | 270 | 227 | -15.9% |
55+ Bedrooms | 147 | 139 | -5.4% |
Summary: Rochester housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +14.3%. The inventory for 2 bedroom homes decreased by -0.9%. The inventory for 3 bedroom homes decreased by -24.8%. The inventory for 4 bedroom homes decreased by -15.9%. The inventory for 5 bedroom homes decreased by -5.4%.
Asking Price vs. Sold Price
How much do homes in Rochester, NY cost?
Over Asking Price168 Homes
At Asking Price15 Homes
Under Asking Price50 Homes
If you're buying a home in Rochester, you could pay more than the asking price. 72.1% of homes here sold above asking price last month.
Summary: A total of 233 homes were sold or pending in Rochester in January 2025, down by 40.9% month-over-month. Of the 233 sold homes, 21% were sold under asking, 6% were sold at asking, and and 72% were sold over asking.
Days on Market for Rochester, NY
How long does it take to sell a home in Rochester, NY?
Breakdown of Home Sale Times
Under 30 Days205 Homes
30 – 90 Days26 Homes
Over 90 Days2 Homes
Many homes in Rochester are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 233 homes were sold in Rochester; 88% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
14 DaysThis YearJan 2025 | ||
15 Days1 year agoJan 2024 | -4.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Rochester had an average listing age of 14 days in Jan 2025, down by 4.4% compared to the previous year.
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Newest Listings in Rochester, NY
What homes are available in Rochester, NY?
Nearby markets
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MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, and OneKey MLS for the period 02/01/2023 - 02/01/2025
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© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/15/2025, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/15/2025, 1:11:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.