Rochester, WI Real Estate

Rochester, Wisconsin is a rural village located between Burlington and Waterford. Populated by 1,180 people, the village offers a country living life style to its residents. The Fox River runs through the village offering various activities. Located around 20 minutes west of Interstate 94, Rochester offers a great location for those who need to commute to southeastern communities.

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Real Estate
The village’s real estate market offers a wide-selection of houses for sale. Houses on the market include excellent starter homes with spacious lots, custom built homes, Ranches and Colonials. The market also offers beautiful newly constructed homes with open concepts and luxurious amenities. The average cost of home in Rochester is $209,470.

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The Rochester area offers excellent outdoor recreational opportunities. The village provides five public parks that maintain hiking and biking trails. The parks also have soccer and baseball fields for the sports enthusiasts to enjoy. There are also acres of land for families to use for picnics and various activities. The Fox River is a great place for fishermen to catch featured fish such as Walleye and White Bass. Visitors of the river can also canoe and kayak and view the picturesque scenery. The Honey Creek Wildlife Areas also offer great views of the natural landscape and wildlife. Public hunting is allowed during designated times.

Brown’s Lake Golf Course offers courses for golfers of all skill levels. The course includes a pro shop and café that features a great assortment of menu items. There is also a practice facility for those who want to sharpen their skills.

Apple Holler is about 20 miles away and offers an apple orchard, restaurant and hosts many events that the whole family can enjoy. Apple Holler provides live musical plays, barnyard animals, hayrides and dinner theatre. The orchard/farm is open year-round with many events held.

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Rochester was one of the first areas where settlers took claim of land in 1837. The village was incorporated in 1912. On December 16, 2008, the town of Rochester and the village of Rochester were legally combined.

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Rochester properties for sale

Demographics

Population Demographics

  City County State
Total Population 59 205,342 5,687,217
Total Households 18 79,565 2,286,339
Total Families 16 53,006 1,476,860
Population Density 2,793 16,418 437,888
Percent Male 51% 50% 50%
Percent Female 49% 50% 50%
White Collar Jobs 70% 58% 55%
Blue Collar Jobs 30% 42% 45%

Top Occupations

Professions Population Employed
Healthcare 9
Retail 6
Education 5
Sales 5
Manufacturing 5
Management 4
Information, Scientific and Technical 3
Construction 3
Natural Resources 3
Other Services 2

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 19 86,363 2,620,437
Owner Occupied Housing Units 14 55,796 1,568,389
Renter Occupied Housing Units 4 23,768 717,965
Vacant Housing Units 0 6,826 334,086
Occupancy Rate 100% 92% 87%
Vehicles Per Housing Unit 2 25 1,560

Commute Time To Work

  City County State
Less than 5 minutes 2 3,562 128,186
5 - 14 minutes 8 12,549 374,606
15 - 29 minutes 7 15,017 443,952
30 - 44 minutes 8 9,471 288,108
45-59 minutes 4 7,887 143,851
Over 60 minutes 2 3,365 80,640

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 2 16,489 374,133
High School Graduate 12 46,911 1,258,952
Some College 7 31,749 808,107
Associates Degree 4 11,614 355,880
Bachelors Degree 6 20,703 663,912
Graduate Degree 4 8,138 242,687

Education Attainment


Market Conditions

Market Conditions for Rochester

August 2017

Median Sale Price
$222,450

 DOWN -17.30%
vs. Month Ago
Homes for Sale
24

 UP 41.17%
vs. Month Ago
Homes Sold
2

 DOWN -71.42%
vs. Month Ago
Avg Days on Market
21

 DOWN -70.83%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $222,450. The median sales price for homes in August fell by ($46,550) compared to last month. This represents a 17.3% decrease from July. Compared to the same month last year, the median price of homes rose by $20,450 representing a 10.12% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale rose by 7 in August to 24. This represents 41.17% increase from July when 17 homes were on the market. Compared to the same month last year when there were 29 homes for sale, the inventory of homes for sale has fallen by 5 representing a -17.24% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The inventory of homes for sale rose by 7 in August to 24. This represents 41.17% increase from July when 17 homes were on the market. Compared to the same month last year when there were 29 homes for sale, the inventory of homes for sale has fallen by 5 representing a -17.24% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Avg Days on Market

The average days on market for a home sold in August (21) decreased by 51 days compared to July. This represents a 70.83% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 22, a -51.16% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 101.28% in August rose by 1.47% compared to July and increased 5.35% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in August (13) rose by 9 compared to July, a 225% change. Compared to August 2016, the number of new listings increased by 2, a 18.18% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Homes

The median list price in August was $364,900. The median list price for homes in August rose by $122,450 compared to last month. This represents a 50.5% increase from July. Compared to the same month last year, the median list price of homes increased $120,000 representing a 48.99% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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