Rochester, NY14604

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
N/A
N/A
Median Household Income
$63,700
190.8% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
N/A
Median Rent
$1,400
0.7% YoY Growth
1-Bed Rent
$1,400
0.7% YoY Growth
2-Bed Rent
$1,650
0.0% YoY Growth
3-Bed Rent
N/A
N/A

Other Zip Codes in Rochester, NY

Property Listings — Rochester, NY

Rochester, NY lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of HomesN/AN/A
Days on Market
N/AN/A
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Demographics — Rochester, NY

As of the latest ACS Survey released in 2023, Rochester, NY has a population of 2,710, which has increased by 20.7% over the past 5 years. Rochester, NY is a less popular place for families, as children make up 4.5% of the population. The area has a highly educated workforce, with 61.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,71020.7%
% Under 18
4.5%32.4%
% Seniors
12.7%-39.2%
% WFH
9.0%542.9%
% w/ College Degree
61.8%51.8%
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As of the latest ACS Survey released in 2023, Rochester, NY is a predominantly white area, with 56.2% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Rochester, NY is hispanic, making up 12.0% of the population. Foreign-born residents account for 17.6% of the population in Rochester, NY, and this percentage has increased by 54.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
56.2%-2.9%
% Black
11.4%-57.0%
% Hispanic
12.0%37.9%
% Asian
9.0%210.3%
% Foreign Born
17.6%54.4%
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Mortgage and Risk — Rochester, NY

According to HUD data as of 2023, there were 6 mortgage originations in Rochester, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Rochester, NY. Investor activity is high, as 17.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
6
% Conventional Loans
100.0%
% Government Loans
0.0%
% Investor Loans
17.0%
% Second Loans
0.0%
% Cash Out Refinance
0.0%

Loan Activity

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Rentals and Section 8 — Rochester, NY

Rochester, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
648
Total Units Section 8
648
% Rentals under Section 8
N/A
% Occupied Section 8
86.1%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$30$1,400$1,370
2 Bedroom$50$1,650$1,700
3 BedroomN/AN/A$2,050
4 BedroomN/AN/A$2,250

Affordability — Rochester, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$63,700

Rochester, NY — ZIP Code Boundary Map

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Frequently Asked Questions