Rochester housing market

Strong seller's marketRochester, NY metro areaData through Sep 2026
Typical home value
$281K
▲ 4.9% 1 yr
Typical rent
$1,532/mo
▲ 2.7% 1 yr
12-month forecast
+4.2%
#43 of 546 metros
Gross rent yield
6.5%
#182 of 546 · U.S. 6.3%
Days to pending
19 days
▲ +1 day 1 yr
Listings with a price cut
16%
▲ +0.6 pts 1 yr

Key takeaways

  • 1The typical home is worth $281,279, up 4.9% in a year and up 40% over five years.
  • 2Zillow forecasts home values rising 4.2% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,532/mo (+2.7% YoY), a 6.5% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,546/mo in principal and interest, $14 more than renting.
  • 5Homes go under contract in 19 days (+1 day vs last year); 16% of listings have had a price cut.
Market temperature
Strong seller's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 75/100, #1 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $281K
$155K$194K$233K$273K2016201920222025
Typical monthly rent
Latest $1,532
$956$1,135$1,313$1,4922016201920222025

How fast homes are selling

Days to go under contract
Latest 19
1631476220182020202220242026
Share of listings with a price cut
Latest 15.7%
8.0%12.6%17.2%21.9%20182020202220242026
Homes for sale vs new listings
Latest 2,010
For saleNew listings
6631,7602,8563,95320182020202220242026
Share of homes sold above list price
Latest 83.1%
30.5%47.1%63.8%80.4%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $82K
To buy (20% down)To rent
$35K$49K$64K$79K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Rochester compares

MeasureRochesterUnited StatesRank of 546
Home value, 1-yr change+4.9%+1.2%#70
Home value, 5-yr change+40.4%+19.7%
12-month forecast+4.2%+1.1%#43
Rent, 1-yr change+2.7%+2.7%#335
Gross rent yield6.5%6.3%#182
Price-to-rent ratio15.315.8
Mortgage P&I on typical home$1,546$2,012
Income needed to buy$81,997$100,902
Days to pending1956

Cities in the Rochester metro

3 cities with home value and rent data.

Rochester$240K▲ 4.7%$1,454▲ 3.5%7.3%
Webster$394K▲ 4.9%$1,795▲ 0.6%5.5%
Fairport$403K▲ 4.6%$1,706▼ 0.8%5.1%

Run the numbers

Renting out a property in New York? See deposit limits, late fee rules and notice periods.

Other New York metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.