Median price for residential in as of Oct, 2021.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
6 Rochester, IN 46975, USA apartments for sale
Rochester
According to statistics, the population in Rochester, IN amounts to 6,059, which shows decline -1% compared to the previous year. The median age of the city’s residents is 44. The average household income is $40,451, shifting growth 4% from the past year, and the average property value in Rochester, IN decline -3% to $84,900 throughout the year.
| Population | 6,059 |
| Median Age | 44 |
| Poverty Rate | 15% |
| Household Income | $40,451 |
| Number Of Employees | 2,820 |
| Median Property Value | $84,900 |
Household Income
The average household income in Rochester, IN grew from $39,076 to $40,451 in the past year. This data is an estimate based upon 2,651 households in Rochester, IN . The chart below presents how household income is distributed in Rochester, IN in comparison to the revenue allocation amid households nationally.
- USA
- Rochester, IN
Property Value
According to data from last year, the average property value in Rochester, IN shifted from $87,200 to $84,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Rochester, IN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Rochester, IN properties falls in the '$80,000 to $89,999' range, which is lower than the most significant median property across the country.
- USA
- Rochester, IN
Rent vs. Own
- Rent66%
- Own34%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Rochester, IN compared to median property taxes around the country. The prevalent amount of property taxes in Rochester, IN equals $800, which is less than the national average.
- USA
- Rochester, IN
Housing Trends
Rochester, IN 46975, USA Housing Trends
Average sale in Rochester: $258,841 (+36.3%)
| Apartment Size | Oct | vs Last Month |
|---|---|---|
| 1 bed for sale | $24,900 | N/A |
| 2 bed for sale | $355,000 | N/A |
| 3 bed for sale | $204,471 | N/A |
| 4+ bed for sale | $296,900 | N/A |
During Oct 2021, the average price for an apartment in/near Rochester, IN increased by 36.3% to $258,841.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $24,900 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $355,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $204,471. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $296,900 for a big-family home.
| Listing Type | Oct | vs Last Month |
|---|---|---|
| Houses for sale | $258,353 | +36% |
| Condos for sale | $510,000 | N/A |
| Apartments for sale | $15,000 | N/A |
While assessing the property pricing Rochester, IN, you can note that it remains flat with a price tag of $15,000. According to statistics, average house is still $258,353 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $510,000.
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