How much house does $500,000 buy you in Rochester?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Rochester?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Rochester right now. Listings below $500,000 were included if necessary.
1 Kimberly Dr, Geneseo, NY 14454
- Price: $495,000
- 5 bedrooms, 3.5 bathrooms
- Square feet: 2,952
- See 1 Kimberly Dr, Geneseo, NY 14454 on Redfin.com
268 Moscow Rd, Hamlin, NY 14464
- Price: $499,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,599
- See 268 Moscow Rd, Hamlin, NY 14464 on Redfin.com
4482 Cory Corners Rd, Marion, NY 14505
- Price: $499,900
- 5 bedrooms, 2.5 bathrooms
- Square feet: 3,288
- See 4482 Cory Corners Rd, Marion, NY 14505 on Redfin.com
122 Thorn Apple Ln, Rochester, NY 14626
- Price: $499,500
- 4 bedrooms, 4 bathrooms
- Square feet: 3,231
- See 122 Thorn Apple Ln, Rochester, NY 14626 on Redfin.com
5722 Demitrios Way, Avon, NY 14414
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,630
- See 5722 Demitrios Way, Avon, NY 14414 on Redfin.com
140 Westland Ave, Rochester, NY 14618
- Price: $500,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,523
- See 140 Westland Ave, Rochester, NY 14618 on Redfin.com
26 Pleasant St, Clifton Springs, NY 14432
- Price: $499,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 3,132
- See 26 Pleasant St, Clifton Springs, NY 14432 on Redfin.com
209 Commerce Dr, Avon, NY 14414
- Price: $499,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,940
- See 209 Commerce Dr, Avon, NY 14414 on Redfin.com
3173 Valley Dr, Walworth, NY 14568
- Price: $495,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,875
- See 3173 Valley Dr, Walworth, NY 14568 on Redfin.com
215 Mendon Rd, Pittsford, NY 14534
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,882
- See 215 Mendon Rd, Pittsford, NY 14534 on Redfin.com
247 Bretlyn Cir, Rochester, NY 14618
- Price: $495,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,742
- See 247 Bretlyn Cir, Rochester, NY 14618 on Redfin.com
17 Peck St, Rochester, NY 14609
- Price: $499,900
- 4 bedrooms, 1 bathroom
- Square feet: 1,397
- See 17 Peck St, Rochester, NY 14609 on Redfin.com
5517 Norris Rd, North Rose, NY 14516
- Price: $499,000
- 3 bedrooms, 4 bathrooms
- Square feet: 2,940
- See 5517 Norris Rd, North Rose, NY 14516 on Redfin.com
4037 St James Pkwy, Canandaigua, NY 14424
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,432
- See 4037 St James Pkwy, Canandaigua, NY 14424 on Redfin.com
572 Rock Stream Rd, Rock Stream, NY 14878
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 1,840
- See 572 Rock Stream Rd, Rock Stream, NY 14878 on Redfin.com
239 Bretlyn Cir, Rochester, NY 14618
- Price: $495,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,752
- See 239 Bretlyn Cir, Rochester, NY 14618 on Redfin.com
241 Bretlyn Cir, Rochester, NY 14618
- Price: $495,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,752
- See 241 Bretlyn Cir, Rochester, NY 14618 on Redfin.com
6514 State Route 5 And 20, Bloomfield, NY 14469
- Price: $495,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,172
- See 6514 State Route 5 And 20, Bloomfield, NY 14469 on Redfin.com
1437 Fieldcrest Dr, Webster, NY 14580
- Price: $499,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,274
- See 1437 Fieldcrest Dr, Webster, NY 14580 on Redfin.com
32 Chase Meadow Trl, Honeoye Falls, NY 14472
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,014
- See 32 Chase Meadow Trl, Honeoye Falls, NY 14472 on Redfin.com
94 White Springs Ln, Geneva, NY 14456
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,640
- See 94 White Springs Ln, Geneva, NY 14456 on Redfin.com
4545 County Road 16, Canandaigua, NY 14424
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,080
- See 4545 County Road 16, Canandaigua, NY 14424 on Redfin.com
545 Arrowwood Trl, Webster, NY 14580
- Price: $498,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,703
- See 545 Arrowwood Trl, Webster, NY 14580 on Redfin.com
40 Overbrook Rd, Rochester, NY 14618
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,578
- See 40 Overbrook Rd, Rochester, NY 14618 on Redfin.com
4 Hill Rd, Hilton, NY 14468
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,494
- See 4 Hill Rd, Hilton, NY 14468 on Redfin.com
1155-1159 S Plymouth Ave, Rochester, NY 14608
- Price: $495,000
- 2 bedrooms, 2 bathrooms
- Square feet: 4,080
- See 1155-1159 S Plymouth Ave, Rochester, NY 14608 on Redfin.com
59 Chase Meadow Trl, Honeoye Falls, NY 14472
- Price: $494,900
- 2 bedrooms, 2 bathrooms
- Square feet: 1,604
- See 59 Chase Meadow Trl, Honeoye Falls, NY 14472 on Redfin.com
1695 Long Point Beach Rd, Penn Yan, NY 14527
- Price: $499,000
- 2 bedrooms, 1 bathroom
- Square feet: 1,638
- See 1695 Long Point Beach Rd, Penn Yan, NY 14527 on Redfin.com
205 Lakeshore Dr, Canandaigua, NY 14424
- Price: $499,900
- 2 bedrooms, 1 bathroom
- Square feet: 802
- See 205 Lakeshore Dr, Canandaigua, NY 14424 on Redfin.com
14462 Lakeshore Rd, Kent, NY 14477
- Price: $497,500
- 1 bedroom, 1 bathroom
- Square feet: 1,500
- See 14462 Lakeshore Rd, Kent, NY 14477 on Redfin.com
