Explore Rochester Hills, MI - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
N/A
Cap Rate
N/A
Investor Friendly Score
N/A
Median Price
$407,500

Market Insights

Rochester Hills's real estate market is experiencing a price correction, with values down 6.3% from last year. Home prices have decreased 7.2% in the past month. At the current pace, all available homes in Rochester Hills would sell out in just 1.7 months, indicating a continued supply shortage. Homes are taking about 21 days to sell, which is -3 days longer than this time last year. Approximately 36.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Rochester Hills market with the affordability index at 28.3. Based on current market indicators, home prices in Rochester Hills are projected to decrease by approximately 8.6% over the next month.

Demographics market for - Rochester Hills, MI

Total Population -

75,277

White Population

78.63%

Black Population

3.62%

Mexican72.33% (3.59% of total population)
Puerto Rican8.22% (0.41% of total population)
Cuban1.26% (0.06% of total population)
Dominican0%
Salvadoran0.24% (0.01% of total population)
Costa Rican0%
Gautemalan0%
Honduran0.91% (0.05% of total population)
Nicaraguan0%
Panamanian2.41% (0.12% of total population)
Argentinean8.86% (0.44% of total population)
Bolivian0%
Chilean0%
Colombian1.93% (0.10% of total population)
Ecuadorian0.13% (0.01% of total population)
Peruvian3.72% (0.18% of total population)
Uruguyan0%
Venezuelan0%

Indian 129.65% (6.44% of total population)
Bangladeshi 0.27% (0.01% of total population)
Chinese 54.24% (2.69% of total population)
Bhutanese 0%
Burmese 0%
Filipino 11.19% (0.56% of total population)
Hmong 0.54% (0.03% of total population)
Indonesian 0.27% (0.01% of total population)
Japanese 6.74% (0.33% of total population)
Korean 35.72% (1.77% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 5.91% (0.29% of total population)
Srilankan 0%
Taiwanese 0.91% (0.05% of total population)
Pakistani 5.91% (0.29% of total population)
Srilankan 0%
Taiwanese 0.91% (0.05% of total population)
Thai 1.98% (0.10% of total population)
Vietnamese 3.37% (0.17% of total population)

Hawaiian0%
Samoan0%
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Rochester Hills, MI

Kidnapping/Abduction12.50%
Sex Offenses12.50%
Sex Offenses75.00%

Stolen Property Offenses3.07%
Motor Vehicle Theft2.45%
Larceny/Theft Offenses81.60%
Burglary/Breaking & Entering5.52%
Destruction/Damage/Vandalism of Property7.36%

Robbery100.00%

Assault Offenses100.00%

Embezzlement21.74%
Fraud Offenses78.26%

Real Estate Market Prediction for - Rochester Hills, MI

City Hotspots
empty content

No Data

  • Average Price:

    N/A

  • Max Price:

    N/A

  • Average Rating:

    N/A

  • Location Average Score:

    N/A

  • Number Of Hotels:

    N/A

Nearby Cities From- Rochester Hills, MI

Rochester, MI

Sterling Heights, MI

Auburn Hills, MI

Troy, MI

Bloomfield Hills, MI