Rochester's housing market has witnessed a dramatic shift, with 73% of homes selling above list price in April 2025 and only one month of supply available. This marks a significant change from a decade ago when homes took an average of 115 days to sell. The city's increasing popularity, particularly during the pandemic as people searched for affordable metro areas, has turned Rochester into a sought-after locale. The steady rise in median home prices since September 2016 reflects buyers' willingness to pay premium prices, creating a dynamic and competitive real estate environment.
In April, a remarkable 73% of homes in Rochester sold above the list price, showcasing the competitive housing market and high buyer demand.
The housing market in Rochester has shifted dramatically from ten years ago, when homes typically sold in 115 days, to just eight days today.
With only one month of housing supply available and a median sale price that has not decreased since 2016, Rochester has become a hot property market.
Rochester's transformation into a desirable location during the pandemic has led to rapidly rising house prices, reflecting strong buyer interest and market momentum.
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