Rochester Hills, MI 48307 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

View in Interactive Map

Rochester Hills, MI—48307

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$399,000

2.8% YoY Growth

Household Income

$105,000

34.9% YoY Growth

Days on Market

45

6.0% Longer YoY

Home Price Forecast

2.1%

Median Rent

$1,920

4.8% YoY Growth

1-Bed Rent

$1,400

6.6% YoY Growth

2-Bed Rent

$1,850

2.5% YoY Growth

3-Bed Rent

$2,550

1.1% YoY Growth

Other Zip Codes in Rochester Hills, MI

Home Price Trends — Rochester Hills, MI

As of Nov '25, the median home price in Rochester Hills, MI is $399,000, with a year-over-year change of 2.8%. This indicates that home prices in Rochester Hills, MI are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$399,000	2.8%
Single Family	$435,000	2.6%
Condos	$274,000	2.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Rochester Hills, MI

As of July '25, Rentcast reports the average rent in Rochester Hills, MI is $2,200, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Rochester Hills, MI is studios: $1,400, 1-bedrooms: $1,550, 2-bedrooms: $1,960, 3-bedrooms: $2,640, 4-bedrooms: $3,090. The most common rental property sizes in Rochester Hills, MI are 2-bedroom and 1-bedroom, accounting for 45.5% and 34.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,920	$2,200
Studio Rent	$1,300	$1,400
1 Bed Rent	$1,400	$1,550
2 Bed Rent	$1,850	$1,960
3 Bed Rent	$2,550	$2,640
4 Bed Rent	$3,000	$3,090

Loading chart...

% of Rental Stock

Studio

2.4%

1 Bedroom

34.1%

2 Bedrooms

45.5%

3 Bedrooms

14.4%

4 Bedrooms

3.3%

5+ Bedrooms

0.2%

Property Listings — Rochester Hills, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in Rochester Hills, MI is 45. This is a increase of 6.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$510,000	11.0%
Listing Count	123	-2.0%
Listings as % of Homes	0.3%	-2.0%
Days on Market	45	6.0%

Loading chart...

Demographics — Rochester Hills, MI

As of the latest ACS Survey released in 2023, Rochester Hills, MI has a population of 44,300, which has increased by 1.3% over the past 5 years. Rochester Hills, MI is a moderately popular place for families, as children make up 20.8% of the population. The area has a highly educated workforce, with 58.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	44,300	1.3%
% Under 18	20.8%	-5.9%
% Seniors	15.8%	8.2%
% WFH	20.1%	402.5%
% w/ College Degree	58.1%	11.5%

Loading chart...

As of the latest ACS Survey released in 2023, Rochester Hills, MI is a predominantly white area, with 73.6% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Rochester Hills, MI is asian, making up 13.5% of the population. Foreign-born residents account for 19.4% of the population in Rochester Hills, MI, and this percentage has decreased by 3.0% 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	73.6%	-3.4%
% Black	4.0%	-13.0%
% Hispanic	3.9%	-27.8%
% Asian	13.5%	14.4%
% Foreign Born	19.4%	-3.0%

Loading chart...

Mortgage and Risk — Rochester Hills, MI

According to HUD data as of 2023, there were 605 mortgage originations in Rochester Hills, MI, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Rochester Hills, MI. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	605
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	12.0%

Loading chart...

Loading chart...

Rentals and Section 8 — Rochester Hills, MI

As of 2024, the percent of homes in Rochester Hills, MI under the Section 8 program is 3.4%. 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 Rochester Hills, MI, 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	208
Total Units Section 8	203
% Rentals under Section 8	3.4%
% Occupied Section 8	95.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$30	$1,400	$1,370
2 Bedroom	-$120	$1,850	$1,730
3 Bedroom	-$430	$2,550	$2,120
4 Bedroom	-$710	$3,000	$2,290