Is East Rochester, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Rochester has remained a Seller's Market.
Key Takeaway
East Rochester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Rochester, NY
How much do homes in East Rochester, NY cost?
Median Sold Price
$207,200
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Rochester have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in East Rochester was $207,200 in April 2024, up 21.2% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $136.2K | $150K | +10.1% |
| 3 Bedrooms | $172K | $221.2K | +28.6% |
| 4 Bedrooms | $205K | $219.5K | +7.1% |
| 5+ Bedrooms | $248K | $300K | +21.0% |
Summary: East Rochester housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 21%.
Median Sold Price Compared To Nearby Cities
| East Rochester | $171K | $207.2K | +21.2% |
| Perinton | $317.4K | $340K | +7.1% |
Housing Supply in East Rochester, NY
How many homes are available in East Rochester, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The East Rochester real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The East Rochester housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Rochester, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in East Rochester in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for East Rochester, NY
How long does it take to sell a home in East Rochester, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 30 Days | +416.3% |
Summary: Homes in East Rochester had an average of 30 days on market in Apr 2024, up by 416.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Rochester are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in East Rochester; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
