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Foreclosure Homes in Rochester, MI

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View this home at Pleasant View Dr Rochester Hills MI 48306
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$603,707 EMV
Pleasant View Dr
Rochester Hills, MI 48306
Single-Family
|
4 |
2
|
3,078
EST. RENT: $2,860
|
AUCTION: 04-16-2024
Single-Family
|
4 |
2
|
3,078
View this home at N Livernois Rd Rochester MI 48306
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N Livernois Rd
Rochester, MI 48306
Single-Family
|
5 |
6
|
4,652
AUCTION: 04-02-2024
Single-Family
|
5 |
6
|
4,652
View this home at N Livernois Rd Rochester Hills MI 48306
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$972,088 EMV
N Livernois Rd
Rochester Hills, MI 48306
Single-Family
|
5 |
10
|
6,281
EST. RENT: $2,860
|
AUCTION: 04-02-2024
Single-Family
|
5 |
10
|
6,281
View this home at Crooks Rd Rochester MI 48309
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Crooks Rd
Rochester, MI 48309
Single-Family
|
3 |
1
|
1,104
AUCTION: 03-19-2024
Single-Family
|
3 |
1
|
1,104
View this home at Rolling Green Cir S Rochester MI 48309
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Rolling Green Cir S
Rochester, MI 48309
Single-Family
|
4 |
2.5
|
2,674
AUCTION: 03-19-2024
Single-Family
|
4 |
2.5
|
2,674
View this home at Woodcliff W35 Rochester MI 48306
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Woodcliff W35
Rochester, MI 48306
Single-Family
|
4 |
2.5
|
5,722
AUCTION: 03-26-2024
Single-Family
|
4 |
2.5
|
5,722
View this home at Woodcliff Ct Oakland Township MI 48306
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$844,760 EMV
Woodcliff Ct
Oakland Township, MI 48306
Single-Family
|
4 |
5
|
3,722
EST. RENT: $3,130
|
AUCTION: 03-26-2024
Single-Family
|
4 |
5
|
3,722
View this home at Deepwood Cir Rochester MI 48307
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Deepwood Cir
Rochester, MI 48307
Condo
|
2 |
2
|
1,623
AUCTION: 03-19-2024
Condo
|
2 |
2
|
1,623
View this home at Northumberland Dr Rochester Hills MI 48309
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$580,120 EMV
Northumberland Dr
Rochester Hills, MI 48309
Single-Family
|
4 |
3
|
2,991
EST. RENT: $2,980
|
AUCTION: 05-14-2024
Single-Family
|
4 |
3
|
2,991
Displaying 1 - 10 of 91
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Rochester, MI Foreclosures

How much do homes sell for in Rochester, MI?
The average home price is currently $549,878.
In Rochester, MI, how many homes are available?
There are currently 7,834 active home listings available in Rochester.
What’s the average rental cost in Rochester, MI?
The average rental price in Rochester is $2,272.
What is the most expensive home in Rochester, Michigan?
The most expensive home sold in Rochester had a price of $8,912,475.
What is currently the cheapest priced home in Rochester, MI?
The cheapest home for sale in Rochester is priced at $48,000.

Home Value Estimator For Rochester, MI

There are currently 7,834 real estate properties in Rochester, MI, with a median automated valuation model (AVM) price of $488,748.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rochester, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rochester, MI, is $549,878.00, with the most expensive house in Rochester, MI, topping out at $8,912,475.00 and the cheapest home in Rochester, MI, clocking in at $48,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Rochester, MI!


Rent Prices In Rochester, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rochester, MI, is on a rollercoaster ride. The average rent price in Rochester, MI, is $2,272.00. Indeed, when looking to rent in Rochester, MI, you can expect to pay as little as $750.00 or as much as $3,400.00, with the average rent median estimated to be $2,400.00. The good news is that finding an affordable and desirable property to rent in Rochester, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Rochester, MI In 2024

Rochester is located in Oakland, Michigan, with an estimated municipal population of 13,296 residents. All of the best foreclosed homes for sale in Rochester are located in the following zip code areas on Foreclosure.com: 48307 48308. The estimated population per square kilometer (.62 miles) in Rochester is 1,340.


Cost Of Living In Rochester, MI

So, about how much do homes cost in Rochester? The most recent median value of resident-owned homes in Rochester is 368,636. An estimated 65.2 percent of households in Rochester own their homes, with an average family size of 3.05. The median household income in Rochester is 89,904, with44.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rochester, the median commute time of resident workers (in minutes) is 28.9. And last, but certainly not least, are you looking for homes to rent in Rochester? If so, the average rent price paid by renters in Rochester is 1,046, according to recent statistics.


Diversity And Demographics In Rochester, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Rochester, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Rochester is 40.7, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Rochester is 56.5, with an average family size of 3.05.

The percentage of residents who report their race in Rochester is as follows:

White 90.6%
Black / African American 2.6%
Asian 4.7%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 0.1%

Looking for family-friendly neighborhoods in and/or near Rochester? Or maybe you are searching for 55+ active adult communities in and/or near Rochester?

The percentage of residents who report their age in Rochester is as follows:

Under 10 11.2%
Aged 10-19 14.7%
20s 11.4%
30s 11.6%
40s 17%
50s 15.5%
60s 7.5%
70s 5.9%
80+ 5.1%

Best Schools In Rochester, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Rochester with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Rochester.


Pros And Cons Of Living In Rochester, Michigan

How do you know that living in -- or moving to -- Rochester is right where you need to be? Perhaps you grew up in Rochester or already live nearby; therefore, the decision to buy a home in Rochester is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Rochester for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Rochester:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Rochester.


Reasons To Move To Rochester, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Rochester can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Rochester, meanwhile, can field multiple offers from more qualified buyers.

Rochester, MI Foreclosures


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