Rochester, NH—03868
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 $398,000, with a year-over-year change of 4.0%. This indicates that home prices in Rochester, NH are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $398,000 | 4.0% |
| Single Family | $407,000 | 4.1% |
| Condos | $263,000 | 4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $302,000 | 5.2% |
3 Bed | $427,000 | 3.9% |
4 Bed | $449,000 | 4.7% |
| 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 $1,750, with a year-over-year rent change of -20.5%. Per bedroom, the median rent as of July '25 in Rochester, NH is 1-bedrooms: $1,480, 2-bedrooms: $1,820. The most common rental property sizes in Rochester, NH are 3-bedroom and 2-bedroom, accounting for 50.1% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,480 | $1,480 |
| 2 Bed Rent | $1,800 | $1,820 |
| 3 Bed Rent | N/A | N/A |
| 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 26. This is a increase of 316.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | 10.0% |
Listing Count | 13 | 46.0% |
| Listings as % of Homes | 0.2% | 46.0% |
Days on Market | 26 | 316.0% |
Demographics — Rochester, NH
As of the latest ACS Survey released in 2023, Rochester, NH has a population of 5,830, which has increased by 12.0% over the past 5 years. Rochester, NH is a moderately popular place for families, as children make up 19.4% of the population. The area has a moderately educated workforce, with 32.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,830 | 12.0% |
% Under 18 | 19.4% | -11.8% |
% Seniors | 21.1% | 2.4% |
% WFH | 10.3% | 194.3% |
% w/ College Degree | 32.0% | 64.9% |
As of the latest ACS Survey released in 2023, Rochester, NH is a predominantly white area, with 91.3% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Rochester, NH is asian, making up 3.6% of the population. Foreign-born residents account for 4.0% of the population in Rochester, NH, and this percentage has increased by 37.9% 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 | 91.3% | -4.0% |
% Black | 1.1% | -45.0% |
% Hispanic | 0.7% | 40.0% |
% Asian | 3.6% | 414.3% |
% Foreign Born | 4.0% | 37.9% |
Mortgage and Risk — Rochester, NH
According to HUD data as of 2023, there were 60 mortgage originations in Rochester, NH, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Rochester, NH. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
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 | 101 |
Total Units Section 8 | 90 |
% Rentals under Section 8 | 20.2% |
% Occupied Section 8 | 95.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,480 | $1,430 |
| 2 Bedroom | $10 | $1,800 | $1,810 |
| 3 Bedroom | N/A | N/A | $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 | 3.7 |
| Median Home Price | $398,000 |
| Median Household Income | $89,000 |