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Rochester, MI Housing

 
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As of 2010-2014, median price of a house in Rochester is $280,000, which is much higher than the state average of $120,200 and is higher than the national average of $175,700. The Rochester median house value has grown by 7.40% since 2000. The growth rate for the price of a house in Rochester is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Rochester was built is 1986, which is newer than the median year for a house built in the state which is 1969 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 3,526 Owner Occupied Houses in Rochester, MI, #21
Rochester, MI
280,000 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #299
Rochester, MI
7.40%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Rochester, MIMichiganU.S.
Total Housing Units5,996, see rank, 100%4,532,719132,741,033
Occupied Housing Units5,488, 91.53%, see rank84.45%87.55%
Owner Occupied3,526, 58.81%, see rank60.41%56.34%
Renter Occupied1,962, 32.72%, see rank24.04%31.21%
Vacant Housing Units508, 8.47%, see rank15.55%12.45%
For Rent120, 2.00%, see rank1.84%2.34%
For Sale Only83, 1.38%, see rank1.40%1.20%
Rented or Sold, Not Occupied108, 1.80%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use86, 1.43%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant111, 1.85%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #25
Rochester, MIMichiganU.S.
198619691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Rochester, MI%MichiganU.S.
Owner-Occupied Units3,526100%2,738,01274,787,460
With a Mortgage2,76378.36%, see rank63.63%65.58%
Without a Mortgage76321.64%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Rochester, MI
2,053 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsRochester, MI%MichiganU.S.
$299 or Less110.40%, see rank0.19%0.20%
$300 to $499291.05%, see rank1.88%1.59%
$500 to $699361.30%, see rank6.65%5.01%
$700 to $9991776.41%, see rank19.56%14.32%
$1,000 to $1,49944816.21%, see rank34.69%27.90%
$1,500 to $1,99962822.73%, see rank20.06%20.35%
$2,000 to $2,99985831.05%, see rank12.84%19.52%
$3,000 or More57620.85%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rochester, MI
22.10% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Rochester, MI%MichiganU.S.
10% or Less2488.98%, see rank5.90%5.86%
10% to 20%89732.46%, see rank35.28%31.95%
20% to 30%96434.89%, see rank27.51%27.64%
30% to 40%2559.23%, see rank12.63%13.74%
40% or More39914.44%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Rochester, MI
805 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsRochester, MI%MichiganU.S.
$199 or Less00.00%, see rank4.74%7.76%
$200 to $29900.00%, see rank12.46%14.70%
$300 to $49918223.85%, see rank40.41%34.63%
$500 to $69916121.10%, see rank25.95%21.16%
$700 or More42055.05%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Rochester, MI
11.80% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Rochester, MI%MichiganU.S.
10% or Less32742.86%, see rank35.33%40.19%
10% to 20%25132.90%, see rank33.76%31.47%
20% to 30%10013.11%, see rank13.39%12.24%
30% to 40%121.57%, see rank6.18%5.64%
40% or More587.60%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Rochester, MIMichiganU.S.
Total Housing Units5,996, 100%4,532,719132,741,033
1-unit, Detached3,189, 53.19%, see rank71.97%61.65%
1-unit, Attached556, 9.27%, see rank4.66%5.82%
2 Units110, 1.83%, see rank2.58%3.75%
3 or 4 Units309, 5.15%, see rank2.56%4.43%
5 to 9 Units926, 15.44%, see rank4.20%4.78%
10 or More Units906, 15.11%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Rochester, MIMichiganU.S.
Total Housing Units5,996, 100%4,532,719132,741,033
1 Room156, 2.60%, see rank1.24%1.95%
2 Rooms186, 3.10%, see rank1.78%2.48%
3 Rooms717, 11.96%, see rank7.14%9.13%
4 Rooms997, 16.63%, see rank14.38%16.60%
5 Rooms830, 13.84%, see rank21.00%20.41%
6 Rooms496, 8.27%, see rank20.07%18.06%
7 Rooms540, 9.01%, see rank13.45%12.27%
8 Rooms580, 9.67%, see rank9.27%8.48%
9 Rooms or More1,494, 24.92%, see rank11.67%10.60%
Median Rooms5.70, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Rochester, MIMichiganU.S.
Total Housing Units5,996, 100%4,532,719132,741,033
No Bedroom160, 2.67%, see rank1.35%2.17%
1 Bedroom874, 14.58%, see rank9.11%11.16%
2 Bedrooms1,883, 31.40%, see rank26.33%26.69%
3 Bedrooms1,185, 19.76%, see rank43.93%39.70%
4 Bedrooms1,662, 27.72%, see rank15.80%16.05%
5 or More Bedrooms232, 3.87%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Rochester, MIMichiganU.S.
Total Housing Units5,488, 100%3,827,880116,211,092
Utility Gas4,845, 88.28%, see rank77.13%48.85%
Bottled, Tank, or LP Gas88, 1.60%, see rank8.48%4.86%
Electricity475, 8.66%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.7, 0.13%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood24, 0.44%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel10, 0.18%, see rank0.86%0.47%
No Fuel Used39, 0.71%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalRochester, MIMichiganU.S.
Occupied Units Paying Rent1,919, 100%1,028,83539,201,928
$199 or Less0, 0.00%, see rank1.86%1.50%
$200 to $2994, 0.21%, see rank3.88%3.18%
$300 to $4990, 0.00%, see rank9.32%7.37%
$500 to $699567, 29.55%, see rank23.63%16.01%
$700 to $999688, 35.85%, see rank35.23%29.17%
$1,000 to $1,499367, 19.12%, see rank20.17%26.88%
$1,500 to $1,99998, 5.11%, see rank3.85%9.79%
$2,000 or More195, 10.16%, see rank2.06%6.10%
Median$799, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Rochester, MIMichiganU.S.
Occupied Housing Units5,488, 100%3,827,880116,211,092
No Vehicles Available322, 5.87%, see rank7.97%9.12%
1 Vehicles Available2,020, 36.81%, see rank35.06%33.80%
2 Vehicles Available2,334, 42.53%, see rank38.45%37.48%
3 or More Vehicles Available812, 14.80%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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