Rochester, NY Homes For Sale & Real Estate

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Rochester, NY Real Estate Insights

Rochester, located in western New York on the southern shore of Lake Ontario, was rated the No. 1 city for finding a job in the summer of 2015 by Forbes. Due to a 35 percent net outlook, the citizens of Rochester have a higher chance of attaining employment, improving the local market vastly. Everyone needs work-life balance, which Rochester provides with a prime assortment of cyclical seasons. Outdoor sports enthusiasts can enjoy skiing or snowboarding in the winter, and then benefit from the proximity of Lake Ontario for boating, fishing or water sports in the summer. Spring and Fall offer a beautiful mix of weather and a true representation of the turning of seasons, with endless blooming flowers in the former and plentiful foliage in the latter.
Given its strong local economy and beautiful landscape, Rochester attracts new residents and buyers each year. With a median income of $43,583 and an average list price of just $110,548, Rochester residents can invest in local real estate without breaking the budget. Home prices rose an average 2.99 percent in 2015, but the marginal incline did little to exaggerate the overall market. Inventory is also increasing in Rochester annually, with a 3.94 percent increase in for-sale listings last year alone.