Market Overview
Home Prices in Rochester Hills, MI
The median home value in Rochester Hills, MI is $480,334 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rochester Hills are priced17% above average. Rochester Hills is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Rochester Hills home values have risen by approximately30.1%, reflecting strong long-term appreciation in this market.
Price History
Rochester Hills Home Price Trend
City Comparison
Rochester Hills vs. National Median
At $480,334, homes in Rochester Hills cost 17% above the national median of $410,000. Buyers in Rochester Hills should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Rochester Hills?
20% Down Payment
$96,067
on $480,334
Monthly P&I
$2,505/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,181/mo
incl. taxes & insurance
Income Needed
$127,240
gross annual (30% rule)
10% Down Option
$48,033
+ PMI applies
Loan Amount (20% dn)
$384,267
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 Hills, MI?
The median home value in Rochester Hills is $480,334 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Rochester Hills?
Over the past year, home values in Rochester Hills have increased by 3.6%. Over five years, prices have risen approximately 30.1%.
How much do I need to earn to buy a home in Rochester Hills?
To comfortably afford the median home price of $480,334 with a 20% down payment ($96,067) at today's rates (6.8%), you'd need a gross annual income of approximately $127,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Rochester Hills compare to the national average home price?
The national median home value is approximately $410,000. At $480,334, homes in Rochester Hills are 17% above the national average.
What metro area is Rochester Hills part of?
Rochester Hills is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.