Rochester-area home prices rise 7.3% in June, with houses for sale in high demand
A typical Monroe County home listed for $214,500 in June, up 7.3% from the previous month's $199,900, an analysis of data from Realtor.com shows.
The median list home price in June was up about 7.2% from June 2021. Monroe County's median home was 1,727 square feet for a listed price of $131 per square foot.
The Monroe County market was busy, with a median nine days on market. A month earlier, homes had a median eight days on market. The market added 1,004 new home listings in June, compared with the 1,048 added in June 2021. The market ended the month with some 586 listings of homes for sale.
The median home prices issued by Realtor.com may exclude much, or even most, of a market's homes. The price and volume represent only homes that are single-family homes, condominums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.
Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.
What were Rochester-area home prices in June? Here's a county-by-county breakdown
Ontario County's home prices rose 2.6%, to a median $410,000, from a month earlier. The typical house was on the market for 24 days, from 26 days a month earlier. The typical 2,000-square-foot house had a list price of $210 per square foot.
Wayne County's home prices fell 5%, to a median $199,450, from a month earlier. The typical house was on the market for 18 days, from 12 days a month earlier. The typical 1,639-square-foot house had a list price of $120 per square foot.
Livingston County's home prices rose slightly, to a median $194,950, from a month earlier. The typical house was on the market for 17 days, from 19 days a month earlier. The typical 1,766-square-foot house had a list price of $108 per square foot.
Orleans County's home prices fell 11.3%, to a median $177,400, from a month earlier. The typical house was on the market for 20 days, from 17 days a month earlier. The typical 1,632-square-foot house had a list price of $113 per square foot.
Genesee County's home prices rose 12.6%, to a median $197,000, from a month earlier. The typical house was on the market for 13 days, from 16 days a month earlier. The typical 1,700-square-foot house had a list price of $115 per square foot.
Across metro Rochester, median home prices rose to $229,950, up 2.2% from a month earlier. The median home had 1,738 square feet, at a list price of $136 per square foot.
Across all of New York, median home prices were $691,564, falling 1.1% from a month earlier. The median New York home for sale had 1,572 square feet at list price of $432 per square foot.
Database:New York Real Estate Market Report
Home prices:How hot is the real estate market near Rochester? Home prices rise to $190K
Home sales:Median price for Rochester-area homes rise to nearly $200,000
Across the United States, median home prices were $450,000, up 0.7% from a month earlier. The median American home for sale had 1,887 square feet, listed at $228 per square foot.
The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what's happening in a market. In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database.. The story was written by Mike Stucka and Sean Lahman.
This article originally appeared on Rochester Democrat and Chronicle: Rochester-area homes for sale rise to $214,500 median price
