Median price for residential in as of Jul, 2022.
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.
499 Rochester, NY, USA apartments for sale
Rochester
According to statistics, the population in Rochester, NY amounts to 209,463, which shows decline 0% compared to the previous year. The median age of the city’s residents is 32. The average household income is $32,347, shifting growth 2% from the past year, and the average property value in Rochester, NY growth 2% to $79,400 throughout the year.
| Population | 209,463 |
| Median Age | 31.7 |
| Poverty Rate | 33% |
| Household Income | $32,347 |
| Number Of Employees | 90,549 |
| Median Property Value | $79,400 |
Household Income
The average household income in Rochester, NY grew from $31,684 to $32,347 in the past year. This data is an estimate based upon 86,180 households in Rochester, NY . The chart below presents how household income is distributed in Rochester, NY in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Rochester, NY shifted from $77,800 to $79,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Rochester, NY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Rochester, NY properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
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, NY compared to median property taxes around the country. The prevalent amount of property taxes in Rochester, NY equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Rochester, NY, USA
Average sale in Rochester: $171,506 (-13.3%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| 1 bed for sale | $101,450 | +56.1% |
| 2 bed for sale | $122,400 | -38.5% |
| 3 bed for sale | $172,700 | +14% |
| 4+ bed for sale | $185,731 | -25.7% |
During Jul 2022, the average price for an apartment in/near Rochester, NY decreased by 13.3% to $171,506.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 56.1% to $101,450. Asking price for 2-bed apartment also decreased by 38.5% and a place of this size will now cost you $122,400. A 3-bed apartment goes for $172,700, it increased by 14% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 25.7% and made it down to $185,731.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Apartments for sale | $171,950 | +28.7% |
| Townhouses for sale | $50,000 | -75.7% |
| Houses for sale | $203,680 | -3.3% |
| Condos for sale | $77,900 | -51.9% |
| Duplexes for sale | $66,566 | -14% |
| Land for sale | $24,900 | -88.9% |
The average cost of an apartment in Rochester, NY rised by 28.7% to $171,950. Price reports demonstrate that house price decreased by 3.3% this month making it up to $203,680. Condos faced an upward trend these days. The median price for a condo decreased by 51.9%, it’s now available for $77,900. You can now purchase a duplex for just $66,566, duplex price decreased by 14% this month. The property value of townhouses decreased by 75.7%, you’ll have to spend around $50,000 to get one.