If your circumstances find you need to sell your home, now is a very good time. Median real estate values are averaging slightly above $217,000. The average listing price is $249,950. Home prices have increased 9.1% over the past year and are expected to increase another 8.3% in the upcoming year. The average square foot price is about $175, which is slightly higher than the metro area of Rochester of $163. The rental market is also doing well in Rochester. The average rental price is $1275, which is also slightly above the metro area's average rental price of $1250.
Livibility.com ranked Rochester the No. 1 best city in 2017 of the Top 100 Best Places to Live. Rochester also has several cultural events, music festivals, and arts organizations throughout the year to offer its residents and visitors. The city also offers the Quarry Hill Nature Center with over 320 acres of scenic hiking and biking trails. You'll be able to take your young children to their summer camp or to the exploration hall where you can view live animals in their natural habitat.
The schools in Rochester are part of the Rochester Public School system and offer a great selling feature. The city has 16 elementary, 5 middle, and 5 high schools, along with 17 private and charter schools. Both Century Senior High and Mayo Senior High have received an A+ rating. It's also home to the University of Minnesota-Rochester, which offers students an impressive education to prepare them for the workforce with programs in both undergraduate and graduate degrees.
With its seller's market and healthy real estate climate, now may be the best time to sell my house in Rochester. ExpertHomeOffers.com will be happy to assist you in selling your home quickly and easily. One of our experts will contact you with our free, no-obligation assistance. Your information will be kept private and confidential. Our friendly staff will be able to answer all your questions and concerns. If you need to sell your home quickly, we can help you!