what is the state of the housing market in rochester, ny?

SUMMARY

The City of Rochester, NY, hired czb in 2018 to produce a citywide housing market study that would be used to inform the development of a new comprehensive plan. A detailed block-level portrait of market strength across the city emerged through czb’s analysis of local datasets— defining areas of strength and momentum, areas of continued weakness, and areas that were stable yet highly vulnerable to decline. The study also provided strategic direction on outcomes to achieve in different markets to guide interventions by the City and its partners. Data and policy direction from the study became essential content for the comprehensive plan adopted by the City in 2019. 

Beginning late summer 2024, we will return to Rochester to update the analysis under a new set of market conditions, and look ahead to future housing challenges and opportunities.  The process is expected to conclude in early 2025.