Rochester

With just one active listing currently on the market, this small Lorain County community offers very limited inventory for buyers seeking a home here. The single listing reflects the tight turnover typical of a place with a population of 183 and an owner-occupied rate of 85.9 percent, suggesting residents tend to put down roots once they arrive. The median home price sits at $425,000, with a price per square foot of $105 and an average home size of 4,037 square feet, indicating that properties here tend to be spacious relative to their per-foot cost. Households in the area report a median income of $74,375, and families with children would be served by the New London Local School District. Buyers interested in Rochester should be prepared to act quickly given the extremely low inventory, and should monitor the market closely for new listings as they become available.

Market description generated from current MLS and U.S. Census data.