Rochester, NH—03839
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rochester, NH
As of Oct '25, the median home price in Rochester, NH is $405,000, with a year-over-year change of 3.8%. This indicates that home prices in Rochester, NH are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $405,000 | 3.8% |
| Single Family | $424,000 | 4.2% |
| Condos | $281,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $319,000 | 4.6% |
3 Bed | $434,000 | 4.3% |
4 Bed | $467,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rochester, NH
As of July '25, Rentcast reports the average rent in Rochester, NH is $2,660, with a year-over-year rent change of 12.7%. Per bedroom, the median rent as of July '25 in Rochester, NH is 2-bedrooms: $2,180, 3-bedrooms: $3,000. The most common rental property sizes in Rochester, NH are 2-bedroom and 1-bedroom, accounting for 62.1% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,960 | $2,180 |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rochester, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Rochester, NH is 38. This is a increase of 90.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $356,000 | -28.0% |
Listing Count | 19 | 400.0% |
| Listings as % of Homes | 0.5% | 400.0% |
Days on Market | 38 | 90.0% |
Demographics — Rochester, NH
As of the latest ACS Survey released in 2023, Rochester, NH has a population of 4,150, which has increased by 5.4% over the past 5 years. Rochester, NH is a moderately popular place for families, as children make up 22.7% of the population. The area has a moderately educated workforce, with 31.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,150 | 5.4% |
% Under 18 | 22.7% | -14.7% |
% Seniors | 11.9% | -1.7% |
% WFH | 10.7% | 345.8% |
% w/ College Degree | 31.3% | 19.9% |
As of the latest ACS Survey released in 2023, Rochester, NH is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Rochester, NH is hispanic, making up 3.1% of the population. Foreign-born residents account for 2.9% of the population in Rochester, NH, and this percentage has increased by 45.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.6% | -4.2% |
% Black | 0.0% | N/A |
% Hispanic | 3.1% | 29.2% |
% Asian | 2.7% | 285.7% |
% Foreign Born | 2.9% | 45.0% |
Mortgage and Risk — Rochester, NH
According to HUD data as of 2023, there were 82 mortgage originations in Rochester, NH, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Rochester, NH. Investor activity is low, as 5.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 82 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Rochester, NH
Rochester, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 118 |
Total Units Section 8 | 106 |
% Rentals under Section 8 | 15.2% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,430 |
| 2 Bedroom | -$150 | $1,960 | $1,810 |
| 3 Bedroom | -$690 | $3,000 | $2,310 |
| 4 Bedroom | N/A | N/A | $2,700 |
Affordability — Rochester, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $405,000 |
| Median Household Income | $86,900 |