Rochester, NY Housing Market Report

The Rochester, NY housing market remains a highly competitive environment for buyers, characterized by a persistent seller's advantage despite a gradual increase in inventory. As of December 2025, the median home value stands at $223,426, reflecting a steady 2.39 percent year-over-year increase. While active inventory has grown by 4.06 percent to 973 units, the market remains tight. The most telling indicator of demand is the sale-to-list ratio of 1.09, which confirms that the average home is still selling for 9 percent above the asking price, signaling that multiple-offer scenarios are still the norm for well-maintained properties.

Price trends over the latter half of 2025 show a consistent upward trajectory, with values rising every month since July. This incremental growth suggests a stable and resilient market rather than a volatile bubble. The rental market is experiencing even more aggressive growth, with median rents climbing 5.32 percent annually to $1,416. This surge in rental costs is likely pushing more long-term residents toward homeownership, further sustaining demand for entry-level and mid-tier housing even as borrowing costs fluctuate.

Looking ahead, the Rochester market is showing signs of a very slight cooling in terms of pace, though not in price. The average days on market has increased to 35 days, an eight-day jump from the previous year. This suggests that buyers are becoming slightly more selective or cautious, providing a small window of relief from the frantic bidding wars seen in previous cycles. Sellers should prioritize realistic pricing to capitalize on the current 1.09 sale-to-list ratio, while buyers should be prepared for a competitive environment where speed and clean offers remain essential to securing a property.