Charlotte, Rochester, NY—14612
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Charlotte, Rochester, NY
As of Oct '25, the median home price in Charlotte, Rochester, NY is $268,000, with a year-over-year change of 3.2%. This indicates that home prices in Charlotte, Rochester, NY are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $268,000 | 3.2% |
| Single Family | $269,000 | 2.7% |
| Condos | $237,000 | 3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $174,000 | 4.2% |
2 Bed | $213,000 | 3.9% |
3 Bed | $260,000 | 2.8% |
4 Bed | $322,000 | 3.9% |
| 5 Bed | $375,000 | 3.9% |
% of Housing Stock
Rental Trends — Charlotte, Rochester, NY
As of July '25, Rentcast reports the average rent in Charlotte, Rochester, NY is $1,420, with a year-over-year rent change of -2.1%. Per bedroom, the median rent as of July '25 in Charlotte, Rochester, NY is 1-bedrooms: $1,190, 2-bedrooms: $1,390, 3-bedrooms: $1,790. The most common rental property sizes in Charlotte, Rochester, NY are 1-bedroom and 2-bedroom, accounting for 46.5% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,190 |
| 2 Bed Rent | $1,380 | $1,390 |
| 3 Bed Rent | $1,600 | $1,790 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Charlotte, Rochester, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Charlotte, Rochester, NY is 30. This is a increase of 46.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | 8.0% |
Listing Count | 95 | 6.0% |
| Listings as % of Homes | 0.1% | 6.0% |
Days on Market | 30 | 46.0% |
Demographics — Charlotte, Rochester, NY
As of the latest ACS Survey released in 2023, Charlotte, Rochester, NY has a population of 35,300, which has increased by 3.2% over the past 5 years. Charlotte, Rochester, NY is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 35.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,300 | 3.2% |
% Under 18 | 18.9% | 3.8% |
% Seniors | 21.4% | 9.7% |
% WFH | 13.2% | 312.5% |
% w/ College Degree | 35.8% | 16.2% |
As of the latest ACS Survey released in 2023, Charlotte, Rochester, NY is a predominantly white area, with 78.5% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Charlotte, Rochester, NY is black, making up 9.8% of the population. Foreign-born residents account for 4.6% of the population in Charlotte, Rochester, NY, and this percentage has decreased by 16.4% 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 | 78.5% | -4.8% |
% Black | 9.8% | 36.1% |
% Hispanic | 6.9% | 15.0% |
% Asian | 0.9% | -59.1% |
% Foreign Born | 4.6% | -16.4% |
Mortgage and Risk — Charlotte, Rochester, NY
According to HUD data as of 2023, there were 876 mortgage originations in Charlotte, Rochester, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Charlotte, Rochester, NY. Investor activity is low, as 1.0% 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 | 876 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Charlotte, Rochester, NY
Charlotte, Rochester, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 867 |
Total Units Section 8 | 805 |
% Rentals under Section 8 | 18.8% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,200 | $1,100 |
| 2 Bedroom | -$10 | $1,380 | $1,370 |
| 3 Bedroom | $50 | $1,600 | $1,650 |
| 4 Bedroom | N/A | N/A | $1,820 |
Affordability — Charlotte, Rochester, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $268,000 |
| Median Household Income | $81,600 |