Known as "The Lilac City of New Hampshire," Rochester is the fourth largest city within the state and currently has an estimated population of 31,000 residents. Located in Strafford County and about an hour and a half drive from the Boston, Massachusetts metro area, Rochester is recognized for its excellent quality of life, small-town feel and economic stability. Rochester's real estate market, like its work force, education system and populace, is diverse and eclectic, with single-family houses anchoring the housing selection. Offering residents a quiet respite from the city with suburban neighborhoods and planned communities, and even lakefront properties that provide residents with daily glimpses of the sunrise, Rochester has become a home for families, professionals, and empty nesters.
After students have completed their educational studies, many move on and continue their education at any of the colleges and universities located within and near Rochester, including University of New Hampshire and Daniel Webster College. Residents also have an appreciation of the arts as Rochester is the home of the famed Victorian-styled Rochester Opera House. And once the weekend rolls around, residents have plenty of recreational opportunities to take part in as Rochester is just a short drive away from the Lakes Region, White Mountains, and Seacoast. Offering residents the best of living in New Hampshire with its affordable housing and excellent location, come see why so many have already discovered the beauty of living in Rochester.
Rochester, NH Real Estate Market: Price Range of Rochester Houses for Sale
Rochester, New Hampshire's real estate selections are diverse and abundant, with many affordably priced Strafford County homes and properties. Buyers can easily find homes for sale in a number of Rochester's new home subdivisions and suburban neighborhoods, planned communities, or within a short driving distance to the Rochester Country Club Golf Course. Active adults and seniors also have options for housing as Rochester has a number of retirement communities available. While single-family homes anchor the real estate market here in Rochester, buyers will also find listings of starter homes, condos and townhouses.
Many starter homes in Rochester, NH are available for under $100,000 with most situated on nice wooded lots in a quiet rural setting. Rochester houses are listed for anywhere from $70,000 to $575,000. Homes in the higher end of this price spectrum are usually Colonial style estate properties with executive style center chimneys. A charming new construction home located on two acres can be purchased for $345,000. Ranch homes and farms are also available in Rochester, NH starting from $250,000. Rochester condominium prices start from $65,000 and can exceed $240,000. Strafford County townhome prices usually run the gamut of $124,000 to $400,000. Waterfront properties and land for custom building your dream home are also available for purchase in Rochester, NH.
Rochester Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $147,925 compared to $147,925 the previous week, to remain steady with no change in listing price. For Saturday, May 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Rochester NH. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Rochester to help you find the best home!