Group 14621, Rochester, NY—14621
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Group 14621, Rochester, NY
As of Oct '25, the median home price in Group 14621, Rochester, NY is $110,000, with a year-over-year change of 2.6%. This indicates that home prices in Group 14621, Rochester, NY are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $110,000 | 2.6% |
| Single Family | $110,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $108,000 | 4.9% |
3 Bed | $115,000 | 1.8% |
4 Bed | $101,000 | 3.1% |
| 5 Bed | $93,000 | 3.3% |
% of Housing Stock
Rental Trends — Group 14621, Rochester, NY
As of July '25, Rentcast reports the average rent in Group 14621, Rochester, NY is $1,260, with a year-over-year rent change of 8.6%. Per bedroom, the median rent as of July '25 in Group 14621, Rochester, NY is studios: $440, 1-bedrooms: $991, 2-bedrooms: $1,100, 3-bedrooms: $1,400, 4-bedrooms: $1,700. The most common rental property sizes in Group 14621, Rochester, NY are 2-bedroom and 3-bedroom, accounting for 29.8% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,260 |
| Studio Rent | $440 | $440 |
| 1 Bed Rent | $1,060 | $991 |
| 2 Bed Rent | $1,050 | $1,100 |
| 3 Bed Rent | $1,300 | $1,400 |
| 4 Bed Rent | $1,700 | $1,700 |
% of Rental Stock
Property Listings — Group 14621, Rochester, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Group 14621, Rochester, NY is 53. This is a increase of 80.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $92,200 | 10.0% |
Listing Count | 83 | -2.0% |
| Listings as % of Homes | 0.3% | -2.0% |
Days on Market | 53 | 80.0% |
Demographics — Group 14621, Rochester, NY
As of the latest ACS Survey released in 2023, Group 14621, Rochester, NY has a population of 33,300, which has remained stable by 0.3% over the past 5 years. Group 14621, Rochester, NY is a popular place for families, as children make up 27.1% of the population. The area has a poorly educated workforce, with 11.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,300 | 0.3% |
% Under 18 | 27.1% | -6.2% |
% Seniors | 14.8% | 8.8% |
% WFH | 6.5% | 195.5% |
% w/ College Degree | 11.7% | 19.4% |
As of the latest ACS Survey released in 2023, Group 14621, Rochester, NY is a predominantly black area, with 43.5% of the population identifying as black. The black population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Group 14621, Rochester, NY is hispanic, making up 40.1% of the population. Foreign-born residents account for 8.5% of the population in Group 14621, Rochester, NY, and this percentage has decreased by 9.6% 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 | 14.1% | -15.1% |
% Black | 43.5% | -2.2% |
% Hispanic | 40.1% | 8.7% |
% Asian | 1.1% | -31.2% |
% Foreign Born | 8.5% | -9.6% |
Mortgage and Risk — Group 14621, Rochester, NY
According to HUD data as of 2023, there were 317 mortgage originations in Group 14621, Rochester, NY, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Group 14621, Rochester, NY. Investor activity is low, as 9.0% 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 | 317 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Group 14621, Rochester, NY
As of 2024, the percent of homes in Group 14621, Rochester, NY under the Section 8 program is 19.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Group 14621, Rochester, NY, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,162 |
Total Units Section 8 | 1,626 |
% Rentals under Section 8 | 19.2% |
% Occupied Section 8 | 80.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,060 | $1,000 |
| 2 Bedroom | $190 | $1,050 | $1,240 |
| 3 Bedroom | $190 | $1,300 | $1,490 |
| 4 Bedroom | -$60 | $1,700 | $1,640 |
Affordability — Group 14621, Rochester, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $110,000 |
| Median Household Income | $36,500 |