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Recently Sold Price History in Rochester
Rochester, New York, is a city that offers a diverse range of real estate options at varying price points. The sold prices of properties in Rochester reflect this diversity, catering to a wide range of budgets and preferences. In recent years, the real estate market in Rochester has experienced steady growth, with an increase in both demand and prices. The average sold price for a single-family home in Rochester is around $150,000, making it an affordable option for many buyers. However, the city also boasts higher-end properties with sold prices exceeding $500,000, particularly in desirable neighborhoods such as Park Avenue and East Avenue.
One of the factors contributing to the attractiveness of Rochester’s real estate market is its affordability compared to other major cities in New York State. The city offers a lower cost of living, which translates into more affordable housing options. Additionally, Rochester’s real estate market has remained relatively stable, with modest price appreciation over the years. This stability makes it an appealing choice for both first-time homebuyers and investors looking for long-term growth potential. Whether you are searching for a charming historic home or a modern condominium, Rochester’s real estate market offers a variety of options to suit different tastes and budgets.
About Rochester, New York
Rochester is a vibrant city located in the western part of New York State. With a population of over 200,000 residents, it is the third-largest city in the state. Known as the “Flower City” or the “Flour City,” Rochester has a rich history and a diverse culture that attracts visitors from all over the world.
Located in Monroe County, Rochester is situated on the southern shore of Lake Ontario. Its strategic location makes it an important transportation hub, with easy access to major highways and an international airport. The city’s proximity to the Great Lakes and the Finger Lakes region also offers residents and visitors numerous opportunities for outdoor activities, such as boating, fishing, and hiking.
Rochester is renowned for its strong educational institutions. It is home to several prestigious universities and colleges, including the University of Rochester and the Rochester Institute of Technology. These institutions contribute to the city’s intellectual and cultural vibrancy, attracting students and scholars from around the globe.
The city’s economy is diverse, with a strong focus on technology, healthcare, and manufacturing. Rochester has a long history of innovation, being the birthplace of companies like Eastman Kodak and Xerox. Today, it continues to foster a thriving entrepreneurial ecosystem, with numerous startups and incubators.
Rochester is also known for its vibrant arts and cultural scene. The city hosts numerous festivals throughout the year, celebrating music, film, and the visual arts. The George Eastman Museum, the world’s oldest photography museum, is a must-visit for photography enthusiasts.
Overall, Rochester offers a high quality of life with its affordable cost of living, excellent educational opportunities, and a wide range of recreational activities. Whether you are interested in history, nature, or the arts, Rochester has something to offer for everyone.
Rochester average home prices
The average home price in Rochester, New York has been steadily increasing over the past few years. According to recent data, the average price of a house in Rochester is around $150,000. This figure takes into account a wide range of properties, from small apartments to larger single-family homes. It is important to note that the average home price can vary depending on the neighborhood and specific features of the property.
In addition to the average home price, another important statistic to consider is the average days on market. This refers to the number of days it takes for a property to sell after being listed on the market. In Rochester, the average days on market for houses is currently around 60 days. This indicates a relatively healthy real estate market, where properties are selling within a reasonable timeframe. However, it is worth noting that this figure can fluctuate depending on various factors such as the time of year and market conditions.
