Rochester, MI 48306 Real Estate & Property Data

Rochester, MI 48306 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 357 residential properties have been sold over the past 12 months in 48306. With a median sales price of $522,750 in 48306 and a total of 1 foreclosures in Rochester, MI 48306. Discover market trends and get the granular level real estate data for Rochester, MI 48306 to keep your pulse on the housing market. Curate compelling home reports for Rochester, MI 48306 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Rochester, MI 48306 Real Estate Market Trends
Total Residential Properties 9,817
Total Commercial Properties 244
Avg. Home Age (Single Family Home) 38 Years
Avg. Square Feet (Single Family Home) 2,975
Total 2024 Residential Sales (year-to-date) 42
% of Homes Seriously Underwater (Q2 2024) 0.78%
Total 2023 Residential Sales 338
% of Equity Rich Homes (Q2 2024) 51.61%
Effective 2023 Property Tax 0.89%
Total Foreclosure Filings (year-to-date) 2
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Rochester, MI 48306 Real Estate Overview

There were 357 residential properties sold in the past year in Rochester, MI 48306. The median home value in Rochester, MI 48306 is $551,016. There are a total of 9,817 residential properties in the 48306.

Median Sales Price i
$522,750
(Feb 2024)
+8.9%
year-over-year
y-o-y
  • February '24 Feb '24 $522,750
  • January '24 Jan '24 $520,000
  • December '23 Dec '23 $500,000
  • November '23 Nov '23 $524,950
  • October '23 Oct '23 $645,450
  • September '23 Sep '23 $562,500
  • August '23 Aug '23 $601,500
  • July '23 Jul '23 $555,500
  • June '23 Jun '23 $597,000
  • May '23 May '23 $491,000
  • April '23 Apr '23 $745,000
  • March '23 Mar '23 $694,450
Median Down Payment i
$82,500
(Feb 2024)
-5.2%
year-over-year
y-o-y
  • February '24 Feb '24 $82,500
  • January '24 Jan '24 $155,000
  • December '23 Dec '23 $58,500
  • November '23 Nov '23 $100,000
  • October '23 Oct '23 $150,750
  • September '23 Sep '23 $133,875
  • August '23 Aug '23 $87,950
  • July '23 Jul '23 $111,250
  • June '23 Jun '23 $122,400
  • May '23 May '23 $53,250
  • April '23 Apr '23 $145,000
  • March '23 Mar '23 $109,000
Number of Homes Sold i
22
(Feb 2024)
+29.4%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 20
  • December '23 Dec '23 22
  • November '23 Nov '23 30
  • October '23 Oct '23 32
  • September '23 Sep '23 31
  • August '23 Aug '23 34
  • July '23 Jul '23 36
  • June '23 Jun '23 31
  • May '23 May '23 30
  • April '23 Apr '23 22
  • March '23 Mar '23 30
Number of Purchase Loans i
18
(Feb 2024)
-10%
year-over-year
y-o-y
  • February '24 Feb '24 18
  • January '24 Jan '24 11
  • December '23 Dec '23 14
  • November '23 Nov '23 18
  • October '23 Oct '23 19
  • September '23 Sep '23 22
  • August '23 Aug '23 27
  • July '23 Jul '23 26
  • June '23 Jun '23 17
  • May '23 May '23 20
  • April '23 Apr '23 15
  • March '23 Mar '23 20
Number of REFI Loans i
24
(Feb 2024)
+242.9%
year-over-year
y-o-y
  • February '24 Feb '24 24
  • January '24 Jan '24 14
  • December '23 Dec '23 15
  • November '23 Nov '23 12
  • October '23 Oct '23 24
  • September '23 Sep '23 12
  • August '23 Aug '23 18
  • July '23 Jul '23 16
  • June '23 Jun '23 20
  • May '23 May '23 20
  • April '23 Apr '23 13
  • March '23 Mar '23 7
Number of HELOC Loans i
18
(Feb 2024)
+28.6%
year-over-year
y-o-y
  • February '24 Feb '24 18
  • January '24 Jan '24 16
  • December '23 Dec '23 13
  • November '23 Nov '23 12
  • October '23 Oct '23 16
  • September '23 Sep '23 17
  • August '23 Aug '23 16
  • July '23 Jul '23 18
  • June '23 Jun '23 17
  • May '23 May '23 19
  • April '23 Apr '23 23
  • March '23 Mar '23 14

Rochester, MI 48306 Foreclosure Activity

There were a total of 1 Rochester, MI 48306 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Rochester, MI 48306 properties and repossessed 1 Rochester, MI 48306 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 4
  • November '23 Nov '23 N/A
  • October '23 Oct '23 5
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 2
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 4
  • November '23 Nov '23 N/A
  • October '23 Oct '23 5
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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