Real Estate Market Update for Rochester, NY
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 23% from one year earlier, and up 6% 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 just under 50-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 18%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 90-thousand dollars. The number of units sold decreased 20% year-over-year, and decreased 21% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
Show Transcript
Map Information for Rochester, NY
Area Information for Rochester, NY
  • Population: 206,530
  • Median Age: 32.91 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 5,771/sq mi
  • Population Change Since 2000: -6.3%
  • Closest Airport: Greater Rochester International
  • Closest College: Colgate Rochester Crozer Divinity School
  • Closest Jr. College: Everest Institute
  • Median Household Income: $31,523
  • Annual Residential Turnover: 22%
  • Median Home Sales Price: $66,900
  • Closest Major Sports Team: Rochester Knighthawks
  • Change Avg. Household Income Since 2000: 17.97%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Rochester, NY
Median Age: 32.91 Married: 21% Number of Households: 85,399 Households with Children: 22,739
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 School Rating Parent Rating
      Rochester Career Mentoring Charter School 0.3 mi Public 9-11 0 0
      Young Women's Collegiate Preparatory Charter Schoo 0.8 mi Public - 0 0
      Northside Christian Academy 1.1 mi Private PRESCHOOL-6 0 0
      University Preparatory Charter School For Young Men 1.1 mi Public 7-10 1 4
      Eugenio Maria De Hostos Charter School 1.1 mi Public K-8 3 0
      Aquinas Institute 1.2 mi Catholic 7-12 0 4
      Young Women's College Prep Charter School Of Rochester 1.3 mi Public 7-7 0 0
      Vanguard Collegiate High School 1.4 mi Public 9-12 0 0
      Integrated Arts And Technology High School 1.4 mi Public 7-12 0 3
      School 53 Montessori Academy 1.4 mi Public PRESCHOOL-6 0 0
      James Monroe High School 1.4 mi Public 7-12 0 0
      Northwest College Preparatory High School 1.4 mi Public 9-12 0 0
      School 58 World Of Inquiry School 1.6 mi Public K-12 1 0
      Holy Family School 1.7 mi Catholic PRESCHOOL-6 0 0
      School Of The Arts 1.9 mi Public 7-12 1 3
      School 25 Nathaniel Hawthorne 2.1 mi Public PRESCHOOL-6 1 0
      True North Rochester Preparatory Charter School 2.2 mi Public 5-7 2 0
      School Without Walls 2.2 mi Public 9-12 1 4
      School 29 Adlai E Stevenson 2.2 mi Public K-6 0 0
      Joseph C Wilson Foundation Academy 2.2 mi Public K-8 0 0
      Rochester Early College International High School 2.2 mi Public 9-11 0 3
      Genesee Community Charter School 2.3 mi Public K-6 4 0
      Nativity Preparatory Academy 2.4 mi Catholic 5-8 0 0
      Robert Brown School Of Construction And Design 2.5 mi Public 9-12 0 0
      Rochester Science, Technology, Engineering And Math High School 2.5 mi Public 9-12 0 3
      Rochester Science, Technology, Engineering And Math 2.5 mi Public 9-11 0 2
      Joseph C Wilson Magnet High School 2.6 mi Public 9-12 1 2
      School 23 Francis Parker 2.7 mi Public PRESCHOOL-6 1 0
      Bishop Kearney High School 2.8 mi Catholic 6-12 0 4
      Northeast College Preparatory High School 2.8 mi Public 9-12 0 0
      Hamidiye Academy 2.9 mi Private 6-8 0 0
      East High School 3.0 mi Public 7-12 0 0
      Talmudical Institute 3.0 mi Private 9-12 0 0
      Irondequoit High School 3.0 mi Public 9-12 4 3
      Rochester Academy Charter School 3.0 mi Public 7-8 1 4
      Dake Junior High School 3.1 mi Public 7-8 4 0
      Discovery Charter School 3.2 mi Public K-6 0 0
      Early Childhood Center 3.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      Hillside Children's Center-andrews Trahey Campus 3.4 mi Private 1-12 0 0
      Laurelton Pardee Intermediate School 3.5 mi Public 3-5 1 0
      School 52 Frank Fowler Dow 3.5 mi Public PRESCHOOL-6 1 0
      True North Rochester Preparatory Charter School 3.5 mi Public 5-8 3 0
      Dr Walter Cooper Academy 3.5 mi Public K-6 0 0
      Mary Cariola Children's Center 3.5 mi Private - 0 0
      East Irondequoit Middle School 3.6 mi Public 6-8 2 0
      Urban Choice Charter School 3.7 mi Public K-8 1 0
      Mc Quaid Jesuit High School 3.8 mi Catholic 7-12 0 4
      Eastridge Senior High School 3.8 mi Public 9-12 2 3
      The Children's School At Urmc 3.8 mi Private PRESCHOOL-K 0 0
      Destiny Christian School And Preschool 3.8 mi Private PRESCHOOL-12 0 0
      Buckman Heights Elementary School 3.8 mi Public 3-5 2 0
      St Joseph's Villa 4.0 mi Private 7-12 0 0
      Longridge School 4.0 mi Public PRESCHOOL-5 2 0
      Odyssey Academy 4.0 mi Public 6-12 3 3
      Northstar Christian Academy 4.0 mi Private K-12 0 0
      The Children's Center Of Brighton #2 4.2 mi Private PRESCHOOL-K 0 0
      Bay Knoll Sda School 4.2 mi Private PRESCHOOL-8 0 0
      Greece Montessori School 4.3 mi Private PRESCHOOL-K 0 0
      Olympia High School 4.3 mi Public 6-12 2 3
      Westfall Academy 4.3 mi Private PRESCHOOL-6 0 0
      Twelve Corners Middle School 4.4 mi Public 6-8 5 0
      Brighton High School 4.5 mi Public 9-12 5 4
      Our Lady Of Mercy High School 4.5 mi Catholic 6-12 0 3
      Gates Chili High School 4.7 mi Public 9-12 3 3
      Gates Chili Middle School 4.7 mi Public 6-8 3 0
      Brookside Elementary School Campus 4.8 mi Public K-5 4 0
      Charlotte High School 4.8 mi Public 9-12 0 0
      The Leadership Academy For Young Men 4.8 mi Public 7-12 0 0
      Neil Armstrong School 4.9 mi Public PRESCHOOL-5 3 0
      Durand Eastman Intermediate School 5.0 mi Public 3-5 2 0
      Montessori School Of Rochester 5.1 mi Private PRESCHOOL-K 0 0
      West Ridge Elementary School 5.1 mi Public PRESCHOOL-5 3 0
      Indian Landing Elementary School 5.1 mi Public K-5 5 0
      Small World Nursery 5.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      The Harley School 5.3 mi Private PRESCHOOL-12 0 0
      Holy Cross School 5.3 mi Catholic PRESCHOOL-6 0 0
      Lakeshore Elementary School 5.5 mi Public 3-5 2 0
      Craig Hill Elementary School 5.5 mi Public 3-5 3 0
      Rich Beginnings Child Care 5.6 mi Private PRESCHOOL-K 0 0
      Allendale Columbia School 5.7 mi Private PRESCHOOL-12 0 0
      Paddy Hill Elementary School 5.7 mi Public K-5 4 0
      Allen Creek School 5.8 mi Public K-5 5 0
      French Road Elementary School 5.9 mi Public 3-5 5 0
      Arcadia High School 6.0 mi Public 9-12 2 3
      Arcadia Middle School 6.0 mi Public 6-8 2 0
      Bread Of Life Christian Academy 6.0 mi Private K-8 0 0
      Athena Middle School 6.1 mi Public 6-8 3 0
      Athena High School 6.1 mi Public 9-12 3 3
      Pine Brook Elementary School 6.3 mi Public K-5 4 0
      Walt Disney School 6.4 mi Public K-5 2 0
      Trinity Montessori School 6.8 mi Private PRESCHOOL-6 0 0
      School Of The Holy Childhood 6.9 mi Private UNGRADE-UNGRADE 0 0
      David B Crane Elementary School 7.0 mi Public K-5 4 0
      Pinnacle Lutheran School 7.0 mi Private PRESCHOOL-K 0 0
      St Pius Tenth School 7.1 mi Catholic PRESCHOOL-6 0 0
      Paul Road School 7.2 mi Public K-5 2 0
      Patricia Carter Child Care Ctr At Nazareth College 7.4 mi Private PRESCHOOL-K 0 0
      Florence Brasser School 7.6 mi Public K-5 3 0
      Ethel K Fyle Elementary School 7.6 mi Public K-5 4 0
      Chestnut Ridge Elementary School 9.8 mi Public K-4 3 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Rochester, NY
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.