$10,000 Closing Credit*
$875,000
2,094 SqFt
3 Beds
•2 Full Baths, 1 Partial
#1896531, Lorie Spiewak, Listing Office: Shorewest Realtors, Inc.
Is Rochester, WI 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 Neutral Market.
Key Takeaway
Rochester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rochester, WI
How much do homes in Rochester, WI cost?
Median Sold Price
$380,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,000(-9.5%)
Key Takeaway
Homes in Rochester have sold for 9.5% less than they did a year ago.
Summary: The median home sold price in Rochester was $380,000 in November 2024, down 9.5% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $233.7K | $285K | +22.0% |
| 3 Bedrooms | $422.5K | $355K | -16.0% |
| 4 Bedrooms | $480K | $465K | -3.1% |
| 5+ Bedrooms | - | $655K | N/A |
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 increased by 22%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes did not change.
Housing Supply in Rochester, WI
How many homes are available in Rochester, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Summary: The Rochester real estate market had 6 homes for sale in November 2024, a 40.0% decrease 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 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 decreased by 50%, 3 bedroom homes decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Rochester in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Rochester, WI
We’re sorry, we don't have information for this market at the moment
