South Wedge

Rochester, NY

Neighborhood Market Analysis

Q3 2025 Report
$257,500 (Jan 2025)
Median Home Price
High (typically 80–90/100); most errands can be accomplished on foot.
Walkability Score
Mixed; public schools in the city have average to below-average ratings, but School of the Arts is highly regarded for creative programs.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by South Avenue to the west, Monroe Avenue to the north, Goodman Street to the east, and the Genesee River to the south.

Zip Codes

1462014607

Market Data Summary

Price Range$180,000–$350,000+ (varies by size, condition, and location)
Price per Sq FtApprox. $151 (citywide median; South Wedge typically slightly higher due to demand)
Inventory LevelsLow; only 11 homes for sale as of Jan 2025, contributing to competitive bidding and fast sales.[3]

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesDuplexesSmall multi-family propertiesCondos (limited)

Architectural Styles

VictorianCraftsmanAmerican FoursquareEarly 20th-century vernacular

Property Details

Typical Lot SizesSmall urban lots, typically 0.05–0.15 acres
Home Age RangeLate 1800s to 1930s, with some mid-century and renovated properties
Construction QualityMix of well-maintained historic homes and some in need of renovation; many homes feature original woodwork and period details.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a strong presence of young professionals, artists, students, and long-term residents. LGBTQ+ friendly and known for inclusivity.

Community Vibe

Eclectic, creative, and progressive. Strong sense of local pride, active neighborhood associations, and frequent community events.

Typical Residents

  • Young professionals
  • Artists
  • Students
  • Long-term residents
  • Small families

Family Friendly

Moderate; some families, but more popular with singles, couples, and young professionals due to urban vibe and smaller home sizes.

Amenities & Lifestyle

Parks & Recreation

  • Genesee Riverway Trail
  • Highland Park (nearby)
  • Linden-South Historic District green spaces

Dining Options

  • Trendy cafes
  • Gastropubs
  • International cuisine (notably Thai, Mexican, and vegan options)

Shopping Centers

  • Small local shops; larger retail in nearby neighborhoods (Park Ave, Monroe Ave)

Local Businesses

  • Coffee shops (e.g., Equal=Grounds)
  • Boutique retailers
  • Vintage stores
  • Yoga studios

Education & Schools

Mixed; public schools in the city have average to below-average ratings, but School of the Arts is highly regarded for creative programs.
Overall School Rating

Elementary Schools

  • School 12 (James P.B. Duffy)

Middle Schools

  • School of the Arts (grades 7–12, lottery-based)

High Schools

  • School of the Arts
  • East High School

Private Schools

  • Nazareth Elementary (nearby)
  • Rochester Prep

Transportation & Accessibility

Transit & Roads

Public Transit

  • RTS bus lines along South Ave, Monroe Ave, and Goodman St

Major Roads

  • South Avenue
  • Monroe Avenue
  • Goodman Street

Commute & Walkability

Commute Times5–10 minutes to downtown Rochester by car or bike; 15–20 minutes by bus.
WalkabilityExcellent; most daily needs within walking distance.
ParkingStreet parking is common; some homes have driveways. Parking can be tight during events or peak hours.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • First-time buyers
  • Investors
  • Artists/creatives

Key Selling Points

  • High walkability
  • Vibrant local culture
  • Historic homes with character
  • Strong rental demand

Pricing Considerations

Price competitively for condition and updates; move-in-ready homes command premium. Overpricing leads to longer days on market even in tight inventory.

Common Objections & Response Strategies

Objection: Older homes may need repairs or updates.

Response Strategy:

Provide inspection reports, highlight recent upgrades, and connect buyers with local contractors.

Objection: School ratings are lower than suburbs.

Response Strategy:

Emphasize proximity to School of the Arts and private/charter options; highlight lifestyle benefits for non-family buyers.

Objection: Limited parking.

Response Strategy:

Showcase available street parking, nearby lots, and walkability to reduce car dependence.

Investment Insights

Investment Potential

Appreciation Potential

Strong; 3–5% annual appreciation expected in 2025, with potential for higher gains as demand for walkable urban neighborhoods grows.[1][3]

Rental Demand

High; popular with students, young professionals, and medical residents. Low vacancy rates.

Buyer Competition

Intense for updated, move-in-ready homes; multiple offers common.

Best For

  • First-time buyers
  • Young professionals
  • Investors seeking rental income
  • Buyers seeking historic homes

Potential Concerns

  • Older homes may require renovation
  • School ratings may deter some families
  • Limited parking

Professional Recommendations

1

Educate buyers on fast-paced market and need for pre-approval.

2

Highlight unique neighborhood culture and amenities in marketing.

3

Network with local business owners for cross-promotion.

4

Stage homes to emphasize both historic charm and modern updates.

5

Prepare sellers for multiple-offer scenarios and strategic pricing.

6

Advise investors on best property types for rental demand and appreciation.

Competitive Analysis

Comparable Markets

  • Park Avenue
  • Monroe Avenue
  • Highland Park

Market Positioning

Trendy, affordable alternative to Park Ave with similar amenities and stronger community vibe.

Competitive Advantages

  • Lower median price than Park Ave, similar walkability and culture
  • Stronger appreciation than some west-side neighborhoods
  • Distinctive historic architecture

Price Comparison

South Wedge median ($257,500) is above citywide median ($220,798) but below Park Ave/Brighton ($350,000+).

Investment Metrics

Typically 6–7% for well-maintained duplexes and small multis; higher for value-add properties.
Cap Rates
Gross yields of 7–9% are common for updated rentals.
Rental Yields
Favorable for investors; lower than national average, supporting strong cash flow.
Price-to-Rent
Positive for most multi-family and well-priced single-family rentals.
Cash Flow
3–5% annual appreciation expected through 2025.
Appreciation

Buyer Journey Insights

First-Time Buyers

High competition for entry-level homes; need to act quickly and be flexible on cosmetic updates.

Move-Up Buyers

Limited options for larger homes; may need to consider nearby neighborhoods for more space.

Downsizers

Appealing for those seeking walkability and low maintenance, but limited single-level options.

Investors

Strong rental demand and appreciation; best opportunities in duplexes and value-add properties.

Relocators

Attractive for those seeking urban lifestyle, proximity to downtown, and vibrant community.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

Related Market Intelligence

Explore connected markets and opportunities