Is Rochester, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rochester has remained a Seller's Market.
Housing Prices in Rochester, NH
How much do homes in Rochester, NH cost?
Median Sold Price
$384,450
$257/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Rochester was $384,450 in May 2024, up 8.7% from last month, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $275K | $275K | 0.0% |
3 Bedrooms | $475K | $460K | -3.2% |
4 Bedrooms | - | $481K | N/A |
5+ Bedrooms | - | $812K | N/A |
Summary: Rochester housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Farmington | $272.9K | $472.4K | +73.1% |
Somersworth | $241.2K | $410K | +69.9% |
Rochester | $353.7K | $384.4K | +8.7% |
Housing Supply in Rochester, NH
How many homes are available in Rochester, NH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
54 | 78 | +44.4% |
Summary: The Rochester real estate market had 78 homes for sale in May 2024, a 44.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 21 | +61.5% |
3 Bedrooms | 28 | 37 | +32.1% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Rochester housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 61.5%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 28 | +133.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Rochester in May 2024, up by 133.3% month-over-month. Of the 28 sold homes, 32% were sold under asking, 14% were sold at asking, and 54% were sold over asking.
Days on Market for Rochester, NH
We’re sorry, we don't have information for this market at the moment