Explore Similar Townhomes Within 25 Miles of Rochester, IN
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Why Live in Rochester
Halfway between Kokomo and South Bend, the small city of Rochester is home to Lake Manitou, an all-sports lake that locals love and tourists have yet to discover. “It’s the small, rural county seat of Fulton County. It’s a farming community, and our biggest asset is our 800-acre lake that’s incorporated into town,” says Susan Morris, a resident of nearly 30 years and co-owner and principal broker of Rochester Realty. Downtown Rochester boasts boutiques, restaurants and small businesses, plus recent improvements like new streetlamps, refurbished facades and the renovation of the historic Times Theater. The venue now hosts concerts, films and community events, making it a popular destination for the city of about 7,000. Rochester has an assortment of home styles and prices, ranging from modest bungalows built in 1900 to new builds in subdivisions to custom-built lakefront estates. “We’re talking between $700,000 and $1 million on the lake, but this year lake houses aren’t selling because the interest rates are high and the economy’s uncertain,” Morris says. The median single-family home sale price is $200,000, which is lower than Warsaw’s median of about $260,000. The median cost of
Home Trends in Rochester, IN
On average, homes in Rochester, IN sell after 113 days on the market compared to the national average of 70 days. The median sale price for homes in Rochester, IN over the last 12 months is $319,900, up 78% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$319,900
Median Single Family Sale Price
$319,900
Average Price Per Sq Ft
$171
Number of Homes for Sale
0
Last 12 months Home Sales
31
Months of Supply
0.00
Median List Price
$339,900
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
78%