Is Rochester, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Rochester has remained a Seller's Market.
Housing Prices in Rochester, NH
How much do homes in Rochester, NH cost?
Median Sold Price
$400,000
$271/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Rochester was $400,000 in March 2024, up 4.6% from last month, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $239K | $286.5K | +19.9% |
3 Bedrooms | $402K | $410K | +2.0% |
4 Bedrooms | $425K | $400K | -5.9% |
5+ Bedrooms | $515K | - | N/A |
Summary: Rochester housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.9%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Rochester | $382.5K | $400K | +4.6% |
Farmington | $437.3K | $235K | -46.3% |
Housing Supply in Rochester, NH
How many homes are available in Rochester, NH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 58 | -6.5% |
Summary: The Rochester real estate market had 58 homes for sale in March 2024, a 6.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 19 | 13 | -31.6% |
3 Bedrooms | 35 | 36 | +2.9% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Rochester housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 31.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 23 | +27.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Rochester in March 2024, up by 27.8% month-over-month. Of the 23 sold homes, 13% were sold under asking, 9% were sold at asking, and 78% were sold over asking.
Days on Market for Rochester, NH
We’re sorry, we don't have information for this market at the moment