Real Estate Market Update for Rochester, NY
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 14% from one year earlier, and up 8% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was 60-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 19%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 70-thousand dollars. The number of units sold decreased 23% year-over-year, and increased 3% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Rochester, NY
Area Information for Rochester, NY
  • Population: 212,519
  • Median Age: 30.42 yr
  • Median Commute Time: 16.85 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 5,939/sq mi
  • Population Change Since 2000: -3.35%
  • Closest Airport: Greater Rochester International
  • Closest College: Colgate Rochester Crozer Divinity School
  • Closest Jr. College: Everest Institute
  • Median Household Income: $30,343
  • Annual Residential Turnover: 19.44%
  • Median Years in Residence: 2.82 yr
  • Median Home Sales Price: $72,000
  • Closest Major Sports Team: Bills
  • Change Avg. Household Income Since 2000: 11%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Rochester, NY
Median Age: 30.42 Married: 16% Number of Households: 89,845 Households with Children: 26,776
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Rochester, NY

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      School 20-henry Lomb School 0.4 mi Public PRESCHOOL-6 1 4
      School 57-early Childhood School 0.7 mi Public PRESCHOOL-2 0 4
      School 22-lincoln School 0.7 mi Public PRESCHOOL-6 0 4
      Nazareth Hall Elementary School 0.8 mi Catholic PRESCHOOL-6 0 5
      School 5-john Williams 0.9 mi Public PRESCHOOL-8 0 5
      University Preparatory Charter School For Young Men 1.1 mi Public 7-10 1 4
      School 54-flower City Community School 1.1 mi Public K-6 1 4
      School 7-virgil Grissom 1.1 mi Public PRESCHOOL-6 1 4
      Eugenio Maria De Hostos Charter School 1.1 mi Public 4-8 3-5 4
      Aquinas Institute 1.2 mi Catholic 7-12 0 5
      School 58-world Of Inquiry School 1.4 mi Public K-9 1 5
      Global Media Arts High School At Franklin 1.4 mi Public 7-12 0 3
      Dr Freddie Thomas High School 1.4 mi Public 7-12 1 3
      School 16-john Walton Spencer 1.4 mi Public K-8 0 5
      School 53 Montessori Academy 1.4 mi Public PRESCHOOL-6 1 5
      School Of The Arts 1.9 mi Public 7-12 2 4
      Southlawn School 1.9 mi Public K-3 4-5 5
      Cobblestone School 2.0 mi Private PRESCHOOL-6 0 4
      Rogers Middle School 2.0 mi Public 4-6 4 5
      School 4-george Mather Forbes 2.1 mi Public K-7 1 4
      School 25-nathaniel Hawthorne 2.1 mi Public PRESCHOOL-6 2-5 4
      School Without Walls 2.2 mi Public 9-12 2 4
      School 43-theodore Roosevelt 2.2 mi Public K-6 1 4
      Ora Academy 2.2 mi Private 9-12 0 4
      Genesee Community Charter School 2.3 mi Public K-6 4-5 5
      School 15-the Children's School Of Rochester 2.3 mi Public K-6 1 3
      Brookview School 2.4 mi Public K-3 3-5 4
      School 33-audubon 2.5 mi Public PRESCHOOL-6 1 4
      Skilled Trades At Edison 2.5 mi Public 10-12 1 3
      School Of Imaging And Information Technology At Edison 2.5 mi Public 12-12 1 5
      Joseph C Wilson Magnet High School 2.5 mi Public 9-12 1 4
      School 23-francis Parker 2.7 mi Public PRESCHOOL-6 3-5 4
      Bishop Kearney High School 2.8 mi Catholic 7-12 0 4
      Derech Hatorah-rochester 2.8 mi Private K-8 0 5
      Gates-chili Middle School 2.8 mi Public 6-8 4 3
      Briarwood School 2.8 mi Public K-3 4-5 4
      School 12-james P B Duffy 2.9 mi Public K-6 1 5
      Hamidiye Academy 2.9 mi Private 4-6 0 4
      School 44-lincoln Park 3.0 mi Public PRESCHOOL-8 0 4
      Irondequoit High School 3.0 mi Public 9-12 3 4
      School 35-pinnacle 3.0 mi Public K-6 0 5
      Rochester Academy Charter School 3.0 mi Public 7-8 1 5
      Dake Junior High School 3.1 mi Public 7-8 4-5 4
      Listwood School 3.2 mi Public K-3 4-5 5
      St. John Neumann School 3.2 mi Catholic PRESCHOOL-6 0 5
      Ivan L Green Primary School 3.3 mi Public K-2 0 4
      Hillside Children's Center 3.4 mi Private 2-12 0 4
      School 52-frank Fowler Dow 3.5 mi Public PRESCHOOL-6 2 4
      Laurelton-pardee Intermediate School 3.5 mi Public 3-5 2-5 4
      The True North Rochester Preparatory Charter School 3.5 mi Public 5-8 3-5 3
      East Irondequoit Middle School 3.6 mi Public 6-8 3 4
      School 1-martin B Anderson 3.6 mi Public PRESCHOOL-6 1 4
      Urban Choice Charter School 3.7 mi Public K-8 2 3
      Mc Quaid Jesuit High School 3.8 mi Catholic 7-12 0 4
      Helendale Road Primary School 3.8 mi Public K-2 0 4
      School 42-abelard Reynolds 3.8 mi Public PRESCHOOL-6 1 3
      Eastridge Senior High School 3.9 mi Public 9-12 2 4
      Northstar Christian Academy 3.9 mi Private K-12 0 4
      Holmes Road Elementary School 4.0 mi Public PRESCHOOL-2 0 5
      Longridge School 4.0 mi Public PRESCHOOL-5 2 4
      Seneca School 4.0 mi Public K-3 5 5
      Odyssey Academy 4.0 mi Public 6-12 4 5
      Hillel Community Day School 4.1 mi Private K-8 0 5
      Seton Catholic School 4.1 mi Catholic PRESCHOOL-6 0 5
      Hope Hall School 4.1 mi Private 3-10 0 5
      School 46-charles Carroll 4.2 mi Public PRESCHOOL-6 1 4
      Greece Montessori School 4.3 mi Private PRESCHOOL-1 0 4
      Westfall Academy 4.3 mi Private PRESCHOOL-5 0 4
      Twelve Corners Middle School 4.4 mi Public 6-8 4-5 5
      Brighton High School 4.5 mi Public 9-12 4 4
      Our Lady Of Mercy High School 4.5 mi Catholic 7-12 0 4
      Iroquois Middle School 4.6 mi Public 4-6 4-5 5
      Colebrook School 4.7 mi Public K-3 4-5 5
      English Village Elementary School 4.7 mi Public PRESCHOOL-2 0 5
      Neil Armstrong School 4.9 mi Public K-5 3 4
      Durand-eastman Intermediate School 5.0 mi Public 3-5 2-5 3
      Siena Catholic Academy 5.1 mi Catholic 7-8 0 4
      Montessori School Of Rochester 5.1 mi Private PRESCHOOL-3 0 4
      Indian Landing Elementary School 5.1 mi Public K-5 4-5 4
      Harley School (the) 5.3 mi Private PRESCHOOL-12 0 5
      Autumn Lane Elementary School 5.4 mi Public PRESCHOOL-2 0 4
      Lakeshore Elementary School 5.5 mi Public 3-5 2-5 4
      Craig Hill Elementary School 5.5 mi Public 3-5 3-5 0
      Allendale Columbia School 5.7 mi Private PRESCHOOL-12 0 5
      Paddy Hill Elementary School 5.7 mi Public K-5 0 5
      Rochester Christian School 5.8 mi Private PRESCHOOL-8 0 4
      Allen Creek School 5.8 mi Public K-5 5 5
      French Road Elementary School 5.9 mi Public 3-5 4-5 4
      Arcadia Middle School 6.0 mi Public 6-8 3-5 4
      Athena Middle School 6.1 mi Public 6-8 4 3
      Pine Brook Elementary School 6.3 mi Public K-5 5 4
      Greece Christian School 6.3 mi Private PRESCHOOL-8 0 4
      Walt Disney School 6.4 mi Public K-5 2-5 5
      David B Crane Elementary School 7.0 mi Public K-5 3-5 4
      The Norman Howard School 7.0 mi Private 4-12 0 4
      Pinnacle Lutheran School 7.0 mi Private PRESCHOOL-K 0 4
      Paul Road School 7.2 mi Public K-5 3 4
      Florence Brasser School 7.6 mi Public K-5 3 4
      Ethel K Fyle Elementary School 7.6 mi Public K-5 3-5 4
      Chestnut Ridge Elementary School 9.8 mi Public K-4 3 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Rochester, NY
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.