Market Overview
Home Prices in Rochester, IN
The median home value in Rochester, IN is $222,799 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.4% compared to a year ago and up 6.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rochester are priced46% below average.
Over the past five years, Rochester home values have risen by approximately37.9%, reflecting strong long-term appreciation in this market.
Price History
Rochester Home Price Trend
2020
$136,789
$137K
—
2021
$161,535
$162K
+18.1%
2022
$185,621
$186K
+14.9%
2023
$190,310
$190K
+2.5%
2024
$196,711
$197K
+3.4%
2025
$209,312
$209K
+6.4%
2026
$222,799
$223K
+6.4%
City Comparison
Rochester vs. National Median
🏠 Rochester
$222,799
National Median
$410,000
At $222,799, homes in Rochester cost 46% below the national median of $410,000. This makes Rochester a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rochester?
20% Down Payment
$44,560
on $222,799
Monthly P&I
$1,162/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,476/mo
incl. taxes & insurance
Income Needed
$59,040
gross annual (30% rule)
10% Down Option
$22,280
+ PMI applies
Loan Amount (20% dn)
$178,239
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Rochester, IN?
The median home value in Rochester is $222,799 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.4% year-over-year.
How much have home prices changed in Rochester?
Over the past year, home values in Rochester have increased by 6.4%. Over five years, prices have risen approximately 37.9%.
How much do I need to earn to buy a home in Rochester?
To comfortably afford the median home price of $222,799 with a 20% down payment ($44,560) at today's rates (6.8%), you'd need a gross annual income of approximately $59,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Rochester compare to the national average home price?
The national median home value is approximately $410,000. At $222,799, homes in Rochester are 46% below the national average.