Cobbs Hill, Rochester, NY—14610
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cobbs Hill, Rochester, NY
As of Oct '25, the median home price in Cobbs Hill, Rochester, NY is $318,000, with a year-over-year change of 2.8%. This indicates that home prices in Cobbs Hill, Rochester, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $318,000 | 2.8% |
| Single Family | $320,000 | 2.2% |
| Condos | $255,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $238,000 | 0.8% |
3 Bed | $288,000 | 1.8% |
4 Bed | $429,000 | 5.4% |
| 5 Bed | $748,000 | 6.7% |
% of Housing Stock
Rental Trends — Cobbs Hill, Rochester, NY
As of July '25, Rentcast reports the average rent in Cobbs Hill, Rochester, NY is $2,100, with a year-over-year rent change of 9.4%. Per bedroom, the median rent as of July '25 in Cobbs Hill, Rochester, NY is studios: $1,400, 1-bedrooms: $1,520, 2-bedrooms: $1,820, 3-bedrooms: $2,340, 4-bedrooms: $2,720. The most common rental property sizes in Cobbs Hill, Rochester, NY are 1-bedroom and 2-bedroom, accounting for 38.4% and 37.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $2,100 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,550 | $1,520 |
| 2 Bed Rent | $1,750 | $1,820 |
| 3 Bed Rent | $2,200 | $2,340 |
| 4 Bed Rent | $2,600 | $2,720 |
% of Rental Stock
Property Listings — Cobbs Hill, Rochester, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Cobbs Hill, Rochester, NY is 26. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $292,000 | 2.0% |
Listing Count | 39 | -10.0% |
| Listings as % of Homes | 0.1% | -10.0% |
Days on Market | 26 | -15.0% |
Demographics — Cobbs Hill, Rochester, NY
As of the latest ACS Survey released in 2023, Cobbs Hill, Rochester, NY has a population of 14,100, which has remained stable by 0.2% over the past 5 years. Cobbs Hill, Rochester, NY is a less popular place for families, as children make up 14.1% of the population. The area has a highly educated workforce, with 65.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,100 | 0.2% |
% Under 18 | 14.1% | 11.0% |
% Seniors | 24.0% | 4.3% |
% WFH | 19.5% | 254.5% |
% w/ College Degree | 65.9% | 13.2% |
As of the latest ACS Survey released in 2023, Cobbs Hill, Rochester, NY is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Cobbs Hill, Rochester, NY is black, making up 6.5% of the population. Foreign-born residents account for 7.3% of the population in Cobbs Hill, Rochester, NY, and this percentage has decreased by 24.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.5% | -0.6% |
% Black | 6.5% | 12.1% |
% Hispanic | 5.8% | -10.8% |
% Asian | 2.8% | -9.7% |
% Foreign Born | 7.3% | -24.7% |
Mortgage and Risk — Cobbs Hill, Rochester, NY
According to HUD data as of 2023, there were 355 mortgage originations in Cobbs Hill, Rochester, NY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Cobbs Hill, Rochester, NY. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 355 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Cobbs Hill, Rochester, NY
As of 2024, the percent of homes in Cobbs Hill, Rochester, NY under the Section 8 program is 6.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Cobbs Hill, Rochester, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 245 |
Total Units Section 8 | 211 |
% Rentals under Section 8 | 6.0% |
% Occupied Section 8 | 78.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $1,550 | $1,170 |
| 2 Bedroom | -$300 | $1,750 | $1,450 |
| 3 Bedroom | -$450 | $2,200 | $1,750 |
| 4 Bedroom | -$680 | $2,600 | $1,920 |
Affordability — Cobbs Hill, Rochester, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $318,000 |
| Median Household Income | $83,300 |