The housing market in 14616 Rochester, NY is booming. According to the data provided, the median value of homes in this area is $151,400, which is significantly lower than the US median value of $338,100. However, the 1 year house appreciation in Rochester is 9.90%, which is higher than the US average appreciation rate of 8.27%. This shows that real estate investment opportunities are abundant in this part of New York State.
The median home cost in Rochester (zip 14616) is $151,400. Home appreciation the last 10 years has been 78.2%. Home Appreciation in Rochester (zip 14616) is up 14.2%.
Average Age of Homes
- The median age of Rochester (zip 14616) real estate is 59 years old
The Rental Market in Rochester (zip 14616)
- Renters make up 26.7% of the Rochester (zip 14616) population
- 2.4% of houses and apartments in Rochester (zip 14616), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.