Rochester, WA—98579
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rochester, WA
As of Oct '25, the median home price in Rochester, WA is $510,000, with a year-over-year change of 1.1%. This indicates that home prices in Rochester, WA are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $510,000 | 1.1% |
| Single Family | $511,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $424,000 | 1.7% |
3 Bed | $511,000 | 1.2% |
4 Bed | $632,000 | 1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rochester, WA
As of July '25, Rentcast reports the average rent in Rochester, WA is $2,280, with a year-over-year rent change of -8.8%. Per bedroom, the median rent as of July '25 in Rochester, WA is 2-bedrooms: $2,000, 3-bedrooms: $2,420. The most common rental property sizes in Rochester, WA are 2-bedroom and 1-bedroom, accounting for 47.6% and 22.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | $1,950 | $2,420 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rochester, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Rochester, WA is 96. This is a increase of 45.0% 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 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $594,000 | -3.0% |
Listing Count | 38 | 18.0% |
| Listings as % of Homes | 0.5% | 18.0% |
Days on Market | 96 | 45.0% |
Demographics — Rochester, WA
As of the latest ACS Survey released in 2023, Rochester, WA has a population of 13,900, which has increased by 3.8% over the past 5 years. Rochester, WA is a moderately popular place for families, as children make up 20.5% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,900 | 3.8% |
% Under 18 | 20.5% | -22.1% |
% Seniors | 17.8% | 21.9% |
% WFH | 14.0% | 218.2% |
% w/ College Degree | 19.1% | 6.1% |
As of the latest ACS Survey released in 2023, Rochester, WA is a predominantly white area, with 80.7% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Rochester, WA is hispanic, making up 10.5% of the population. Foreign-born residents account for 4.7% of the population in Rochester, WA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.7% | -0.9% |
% Black | 0.6% | 100.0% |
% Hispanic | 10.5% | -10.3% |
% Asian | 0.9% | 80.0% |
% Foreign Born | 4.7% | 0.0% |
Mortgage and Risk — Rochester, WA
According to HUD data as of 2023, there were 181 mortgage originations in Rochester, WA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Rochester, WA. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 181 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Rochester, WA
Rochester, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,400 |
| 2 Bedroom | -$370 | $2,000 | $1,630 |
| 3 Bedroom | $330 | $1,950 | $2,280 |
| 4 Bedroom | N/A | N/A | $2,760 |
Affordability — Rochester, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $510,000 |
| Median Household Income | $94,300 |