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Featured local agent — Rochester, MI
Sarah Mitchell
Compass Real Estate · Rochester, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rochester, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$710,000median sale price
How is the Rochester, MI housing market right now?
The median home sale price in Rochester, MI is $710,000, up 26.8% year-over-year. Homes sell in an average of 11 days with 33 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rochester a buyer's or seller's market?
Rochester, MI is currently a strong seller's market, based on 2.4 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
11
Fast-moving
Active listings
33
2.4 months supply
Sale-to-list
102.5%
Above asking
What does the Rochester housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $710,000 |
| Median list price | $690,000 |
| Year-over-year price change | +26.8% |
| Average days on market | 11 days |
| Active inventory | 33 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 102.5% |
| Median price per sq ft | $278/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 27 |
| Listings with a price cut | 30.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Rochester by property type?
How the Rochester, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $750,000 | $278/sq ft | 10 | 8 days |
| Condo / Co-op | $435,550 | $249/sq ft | 4 | 22 days |
Source: Redfin · Updated monthly
The Rochester housing market is currently classified as a strong seller's market with a median sale price of $710,000. Prices have risen 26.8% compared to last year, with homes spending an average of 11 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Rochester
There are currently 33 homes listed for sale in Rochester, Michigan. The median listing price is $690K.
Active listings
33
Homes on market
Median list price
$690K
Avg. days on market
11
Days until sale
New this week
27
Newly listed
Who lives in Rochester?
Population
12,939
Median income
$104,920/yr
Median age
39.4 years
Owner-occupied
67.4%
College grads
70.2%
Avg commute
26.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Rochester?
Zillow home value
$502,262
Zillow rent index
$1,726/mo
Price-to-rent ratio
24.2x
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Rochester?
Rochester is a community of approximately 13K residents with a median age of 39.4 years.The median household income is $104,920, which reflects a relatively affluent area with strong earning potential. 70.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 67.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rochester offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Rochester?
3 schools tracked · 1,496 students
The largest public schools serving Rochester, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Baldwin Elementary School
Grades PK-5 · 534 students
Hugger Elementary School
Grades PK-5 · 511 students
McGregor Elementary School
Grades PK-5 · 451 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Rochester, MI?
Want a head-to-head view? Compare Rochester side-by-side with any other U.S. city using our market-comparison tool.
Is Rochester a good real estate investment market?
For investors evaluating Rochester, the price-to-rent ratio of 24.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 26.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Rochester's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Rochester's median home price.
Frequently asked questions
What is the average home price in Rochester?
The median home sale price in Rochester is $710,000, up 26.8% from last year.
How long do homes stay on market in Rochester?
Homes typically spend 11 days on market before going under contract.
What is the median income in Rochester?
The median household income is $104,920 per year.
Is Rochester a buyer's or seller's market?
With 2.4 months of supply, Rochester is currently a strong seller's market.
What is the Zillow home value estimate for Rochester?
The Zillow Home Value Index (ZHVI) for Rochester is $502,262, representing the typical home value in the area.
What is the median condo price in Rochester?
The median condo/co-op sale price in Rochester, MI is $435,550, compared to $750,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Rochester?
The median single-family home price in Rochester, MI is $750,000 (about $278 per square foot).
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