Real Estate Data > US real estate data > Michigan > Oakland County > Rochester > 48307

Rochester, MI 48307 Real Estate & Property Data

Rochester, MI 48307 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 552 residential properties have been sold over the past 12 months in 48307. With a median sales price of $350,000 in 48307 and a total of 2 foreclosures in Rochester, MI 48307. Discover market trends and get the granular level real estate data for Rochester, MI 48307 to keep your pulse on the housing market. Curate compelling home reports for Rochester, MI 48307 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Rochester, MI 48307 Real Estate Market Trends

Get property data for any address in Rochester, MI 48307 or the country:

Total Residential Properties 13,491

Total Commercial Properties 957

Avg. Home Age (Single Family Home) 48 Years

Avg. Square Feet (Single Family Home) 1,989

Total 2024 Residential Sales (year-to-date) 73

% of Homes Seriously Underwater (Q2 2024) 0.84%

Total 2023 Residential Sales 517

% of Equity Rich Homes (Q2 2024) 45.54%

Effective 2023 Property Tax 0.96%

Total Foreclosure Filings (year-to-date) 6

Rochester, MI 48307 Real Estate Overview

There were 552 residential properties sold in the past year in Rochester, MI 48307. The median home value in Rochester, MI 48307 is $384,500. There are a total of 13,491 residential properties in the 48307.

Median Sales Price i

$350,000

(Feb 2024)

+6.5%

year-over-year

y-o-y

February '24 Feb '24 $350,000
January '24 Jan '24 $420,500
December '23 Dec '23 $410,000
November '23 Nov '23 $373,000
October '23 Oct '23 $468,750
September '23 Sep '23 $364,500
August '23 Aug '23 $428,000
July '23 Jul '23 $417,500
June '23 Jun '23 $435,000
May '23 May '23 $339,000
April '23 Apr '23 $349,900
March '23 Mar '23 $422,500

Median Down Payment i

$54,790

(Feb 2024)

-47.8%

year-over-year

y-o-y

February '24 Feb '24 $54,790
January '24 Jan '24 $25,530
December '23 Dec '23 $68,240
November '23 Nov '23 $48,600
October '23 Oct '23 $88,500
September '23 Sep '23 $80,000
August '23 Aug '23 $100,600
July '23 Jul '23 $39,300
June '23 Jun '23 $55,000
May '23 May '23 $35,000
April '23 Apr '23 $15,177
March '23 Mar '23 $60,000

Number of Homes Sold i

32

(Feb 2024)

+28%

year-over-year

y-o-y

February '24 Feb '24 32
January '24 Jan '24 41
December '23 Dec '23 37
November '23 Nov '23 33
October '23 Oct '23 49
September '23 Sep '23 44
August '23 Aug '23 50
July '23 Jul '23 52
June '23 Jun '23 58
May '23 May '23 57
April '23 Apr '23 27
March '23 Mar '23 47

Number of Purchase Loans i

23

(Feb 2024)

+43.8%

year-over-year

y-o-y

February '24 Feb '24 23
January '24 Jan '24 27
December '23 Dec '23 22
November '23 Nov '23 21
October '23 Oct '23 26
September '23 Sep '23 42
August '23 Aug '23 36
July '23 Jul '23 33
June '23 Jun '23 39
May '23 May '23 35
April '23 Apr '23 10
March '23 Mar '23 43

Number of REFI Loans i

20

(Feb 2024)

+66.7%

year-over-year

y-o-y

February '24 Feb '24 20
January '24 Jan '24 9
December '23 Dec '23 16
November '23 Nov '23 16
October '23 Oct '23 14
September '23 Sep '23 13
August '23 Aug '23 17
July '23 Jul '23 21
June '23 Jun '23 22
May '23 May '23 24
April '23 Apr '23 11
March '23 Mar '23 7

Number of HELOC Loans i

13

(Feb 2024)

+18.2%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 14
December '23 Dec '23 9
November '23 Nov '23 15
October '23 Oct '23 19
September '23 Sep '23 16
August '23 Aug '23 20
July '23 Jul '23 14
June '23 Jun '23 20
May '23 May '23 20
April '23 Apr '23 18
March '23 Mar '23 16

Rochester, MI 48307 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3
4
5

Rochester, MI 48307 Foreclosure Activity

There were a total of 2 Rochester, MI 48307 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 4
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 3
May '23 May '23 2
April '23 Apr '23 N/A
March '23 Mar '23 2

Foreclosure Starts i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 4
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 3
May '23 May '23 2
April '23 Apr '23 N/A
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 2

Nearby Zip Codes

1. 48306
2. 48309

Interested in growing your business with Rochester, MI 48307 property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.