$772 Closing Credit*
$65,000
4 Beds
•1 Full Bath, 1 Partial
Anthony Leone, Listing Office: Coldwell Banker Realty
Is Rochester, PA 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 Seller's Market.
Key Takeaway
Rochester is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Rochester, PA
How much do homes in Rochester, PA cost?
Median Sold Price
$137,599
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,599(+1.9%)
Key Takeaway
Homes in Rochester have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Rochester was $137,599 in November 2024, up 1.9% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108K | - | N/A |
| 2 Bedrooms | $111.5K | $88.7K | -20.4% |
| 3 Bedrooms | $142K | $144.5K | +1.8% |
| 4 Bedrooms | $175K | $165K | -5.7% |
| 5+ Bedrooms | $151K | $23K | -84.8% |
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 20.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 84.8%.
Median Sold Price Compared To Nearby Cities
| Monaca | $214.9K | $228K | +6.1% |
| Rochester | $135K | $137.5K | +1.9% |
| Rochester Township | $136K | $137.5K | +1.2% |
Housing Supply in Rochester, PA
How many homes are available in Rochester, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 31 | +10.7% |
Summary: The Rochester real estate market had 31 homes for sale in November 2024, a 10.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 18 | 22 | +22.2% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
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 increased by 25%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rochester, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Rochester in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 90 Days | 58 Days | -35.8% |
Summary: Homes in Rochester had an average of 58 days on market in Nov 2024, down by 35.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was 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, 4 homes were sold in Rochester; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
