Is Rochester, MI 48306 a buyer’s or seller’s market?

The Rochester housing market right now

In the three months ending August 31, 2026, 38% of homes in Rochester, MI 48306 sold above their list price, the typical home went under contract in 16 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 122 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (36% then), homes sold faster (19 days then) and the median sale price rose 13% to $644,621. Overall, Rochester is about as competitive as it was a year ago.

Within Oakland County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 51%. On our competition score, Rochester ranks #114 of 510 MI ZIP codes with enough sales (score 78 out of 100).

Nearby, buyers who want less competition could look at Oxford 48370 (0% sold over asking) or Southfield 48034 (16% sold over asking), while Huntington Woods 48070 (74% sold over asking) and Pleasant Ridge 48069 (54% sold over asking) are even more competitive.