Rochester, NY14614

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
N/A
N/A
Median Household Income
$63,500
20.9% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
N/A
Median Rent
$1,600
12.5% YoY Growth
1-Bed Rent
$1,600
2.5% YoY Growth
2-Bed Rent
$2,250
34.4% 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 1,110, which has decreased by -9.7% over the past 5 years. Rochester, NY is a less popular place for families, as children make up 1.8% of the population. The area has a poorly educated workforce, with 16.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,110-9.7%
% Under 18
1.8%-67.9%
% Seniors
3.4%∞%
% WFH
22.0%-35.3%
% w/ College Degree
16.3%117.3%
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As of the latest ACS Survey released in 2023, Rochester, NY is a predominantly black area, with 54.6% of the population identifying as black. The black population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Rochester, NY is white, making up 27.1% of the population. Foreign-born residents account for 6.6% of the population in Rochester, NY, and this percentage has increased by 69.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
27.1%-14.5%
% Black
54.6%-3.7%
% Hispanic
17.8%1.7%
% Asian
0.9%∞%
% Foreign Born
6.6%69.2%
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Mortgage and Risk — Rochester, NY

According to HUD data as of 2023, there were 2 mortgage originations in Rochester, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 94.0%, with 100.0% above 90% LTV (very high). This implies large mortgage risk in Rochester, NY. Investor activity is low, as 0.0% 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
2
% Conventional Loans
100.0%
% Government Loans
0.0%
% Investor Loans
0.0%
% 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
5
Total Units Section 8
5
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$500$1,600$1,100
2 Bedroom-$890$2,250$1,360
3 BedroomN/AN/A$1,640
4 BedroomN/AN/A$1,800

Affordability — Rochester, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$63,500

Rochester, NY — ZIP Code Boundary Map

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Frequently Asked Questions