$1,780 Closing Credit*
$149,900
2 Beds
•1 Full Bath
Mary Anne Peluso, Listing Office: Town Center Associates Llc
Is Rochester, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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, PA
How much do homes in Rochester, PA cost?
Median Sold Price
$129,450
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,550(-6.9%)
Key Takeaway
Homes in Rochester have sold for 6.9% less than they did a year ago.
Summary: The median home sold price in Rochester was $129,450 in October 2024, down 6.9% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108K | - | N/A |
| 2 Bedrooms | $120K | $92.5K | -22.9% |
| 3 Bedrooms | $144.4K | $139.6K | -3.3% |
| 4 Bedrooms | $175K | $165K | -5.7% |
| 5+ Bedrooms | $151K | $23K | -84.8% |
Summary: Rochester housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 84.8%.
Median Sold Price Compared To Nearby Cities
| Monaca | $224.5K | $223.5K | -0.4% |
| Rochester | $139K | $129.4K | -6.9% |
| Rochester Township | $143.8K | $129.4K | -10.0% |
Housing Supply in Rochester, PA
How many homes are available in Rochester, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 29 | -17.1% |
Summary: The Rochester real estate market had 29 homes for sale in October 2024, a 17.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 24 | 19 | -20.8% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rochester housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
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 October 2024, down by 40.0% 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, PA
How long does it take to sell a home in Rochester, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 86 Days | +112.3% |
Summary: Homes in Rochester had an average of 86 days on market in Oct 2024, up by 112.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rochester has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Rochester; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
