Let’s start with the numbers. As of January 2025, Rochester’s median sales price hit $236,000, a 9.5% increase year-over-year. While other markets are leveling out, Rochester continues to climb, making it one of the most stable real estate hotspots in New York State.
In 2024, pending sales surged by 5.3% to reach 495 homes last week alone, signaling consistent buyer activity despite winter’s typical slowdown. Low inventory—hovering at 4,580 active homes—means demand is high. Buyers are still competing, and sellers, this is your time to shine.
Key Insight: Homes are selling in just 11 days on average. Sellers, take note: pricing your home strategically could mean a quick and lucrative sale.
For buyers, the low inventory and rapid sales pace might seem intimidating, but this is where preparation pays off. The key?
Despite these challenges, winter is an excellent time to buy. Fewer buyers means less competition, and unsold listings—like the 215 homes that didn’t sell last week—could present negotiation opportunities.
When a city like Rochester invests in both its history and future, it’s a win for residents and investors alike. Enter the Frederick Douglass Greater Rochester International Airport, undergoing a $38.1 million transformation expected to finish by April 2025.
This project isn’t just about upgrading security and amenities (although travelers will love the new app for parking and flight updates). It’s about celebrating Rochester’s identity. Two major additions include:
Infrastructure projects like this are game-changers for real estate. Here’s why:
Let’s be real—affordability is king, and Rochester delivers. With a median home price of $236,000, it’s far more accessible than cities like Boston ($660,000) or even Buffalo ($283,000).
But affordability doesn’t mean compromising on lifestyle. Rochester offers:
The $38.1 million airport upgrade is just the tip of the iceberg. Rochester’s economy is booming thanks to:
Pro Tip: Investors should look at properties near the airport or universities. These areas are prime for long-term appreciation.
Rochester offers a perfect blend of affordability, cultural depth, and economic opportunity. With rising home prices and a stable job market, it’s an attractive option for families, professionals, and investors alike.
Absolutely. Top-rated schools, safe neighborhoods, and family-friendly amenities like parks and museums make Rochester an excellent choice for families.
Expect continued price growth, low inventory, and high buyer activity. Sellers will benefit from quick sales, while buyers should act strategically to secure deals.
The $38.1 million upgrade enhances the city’s infrastructure, boosting regional appeal and potentially increasing property values near the airport.
Begin with pre-approval for a mortgage. Work with a local realtor who knows the market and can help you navigate tight inventory and competitive bidding.
Rochester, NY, isn’t just a place to live—it’s a community where history meets opportunity, and affordability meets growth. From its vibrant real estate market to transformative projects like the Frederick Douglass Greater Rochester International Airport, this city is on the rise.
Whether you’re a first-time homebuyer, a seasoned investor, or someone looking for a fresh start, Rochester has something for everyone. As we look ahead to 2025, now is the time to make your move.
Ready to start your Rochester journey? Let’s connect and make your real estate dreams a reality.
Start planning your next move today. Contact me for tailored advice and opportunities in the Rochester market!