Rochester Homes under $500,000

Welcome to Rochester, New Hampshire, a vibrant city nestled in the heart of Strafford County. Known for its rich history and friendly community, Rochester offers a unique blend of small-town charm and modern conveniences. With its picturesque landscapes, beautiful parks, and a variety of local shops and restaurants, Rochester is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Rochester is its affordability in the real estate market. Here, you can find a diverse range of homes under $500,000, making it an attractive option for first-time homebuyers and those looking to invest in a growing community. From charming single-family homes with spacious yards to modern townhouses with contemporary finishes, there’s something for everyone.

The city is also known for its excellent schools, making it a desirable location for families. Enjoy outdoor activities at nearby parks or take a leisurely stroll along the scenic Cocheco River, which adds to the city’s natural beauty. Rochester’s vibrant downtown area hosts various events throughout the year, fostering a sense of community and connection among residents.

With easy access to major highways and a short drive to the stunning New Hampshire seacoast, Rochester offers the perfect balance of tranquility and convenience. If you’re looking for a place to call home in New Hampshire, Rochester is waiting for you with open arms and an array of affordable housing options. Come explore the possibilities and discover why so many are choosing to make Rochester their home!

Newest Rochester Homes under $500,000

$349,900

4 Beds ⋅ 2 Baths ⋅ 5112749 MLS

Completely refreshed 4-bedroom, 1.5-bath home set on a private 1.1-acre lot. The home features a brand-new kitchen with new cabinets, granite countertops, and a full appliance package including gas stove, refrigerator, microwave, and dishwasher. The large living room leads to a spacious family room with sliders to the back deck. Both bathrooms have been updated with new vanities, sinks, toilets, and tub surround. Two bedrooms are located at each end of the home, offering privacy and flexibility. New LVP flooring throughout. The property also includes a fenced yard and large detached one-car garage. Convenient commuter location with a private setting. Quick close possible.

176 Blackwater Rd, Rochester

$399,000

2 Beds ⋅ 2 Baths ⋅ 5112676 MLS

Welcome to 17 Lagasse Street, a classic cape where original character meets everyday comfort, with a surprisingly private backyard to match. The details stand out the moment you walk in: natural woodwork, wood floors, and vintage glass doorknobs throughout. The sunny kitchen flows into the dining room, and a pellet stove keeps the living room warm through New England winters. A first-floor den/office with sliders to the deck makes working from home easy, and a full bath completes the main level. Upstairs are two generously sized bedrooms with skylights, a half bath, and great closet space. Off the kitchen, the enclosed three-season porch is made for morning coffee and slow evenings. Out back, a 28' x 12' deck overlooks a large, level, fully fenced yard with room to garden, play, and spread out. A one-car garage with an attached shed adds storage. All of this is minutes from Rochester's growing downtown and the Spaulding Turnpike. OPEN HOUSE WED, 10/7 4:30 - 6:00 and SAT 10/10 - 10AM-12PM

17 Lagasse St, Rochester

$499,900

5112230 MLS

Looking for an income-producing property or the perfect house hack? This well-maintained two-family home is an excellent opportunity for investors and owner-occupants alike. Featuring updated kitchens, bathrooms, and flooring throughout, the property offers a solid rental history, with leases currently in place through December and February. All tenants are current on rent. Additional highlights include separate gas and electric meters, a large storage shed on a concrete pad, and plenty of space. Priced to sell, this property offers the potential for a solid cap rate return, making it an attractive addition to any investment portfolio. The upcoming lease expirations also provide flexibility for a new owner to renew existing leases or adjust rents as market conditions allow. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this versatile two-family home is worth a look!

10 School St, Rochester

$440,000

4 Beds ⋅ 1 Baths ⋅ 5111933 MLS

Welcome to this charming four bedroom ranch nestled in a great residential neighborhood offering comfortable, one level living. The home features a functional layout with plenty of space for family, guests, a home office or a hobby room. A convenient mudroom provides a great transition space for coats, shoes and everyday essentials. The two car garage offers convenient parking and additional storage. Outside, enjoy the level lot and fenced in backyard, perfect for pets, gardening, entertaining or simply relaxing. With its inviting layout, desirable neighborhood setting and excellent outdoor space, this home offers comfort, convenience and plenty of potential. Come see all this property has to offer! Seller to find suitable housing. **Open House Saturday Oct. 3 12-2**

24 Corson St, Rochester

$299,900

4 Beds ⋅ 3 Baths ⋅ 5111857 MLS

SHORT SALE OPPORTUNITY!!This 4 bedroom, 3 bath ranch sits on a desirable 1.9-acre lot. The property was assessed for $401,600 in 2025 and includes a converted former garage area that adds living space and a 3/4 bath, creating a unique configuration with flexibility for a variety of uses depending on the buyer's needs and intended improvements. The home offers plenty of potential for whether you are an investor looking for a project, or looking for a first time home. Some updating and repairs are needed, such as smoke damage in one bedroom & a mold remediation (an estimated $7,500 per 1 estimate). OFFER DEADLINE IS 10/4/26 at 4pm. The highest & best offer will be submitted to the lender, any offer is subject to Short Sale Approval from the sellers lender.

784 Portland St, Rochester

$379,000

2 Beds ⋅ 1 Baths ⋅ 5111229 MLS

Discover easy single-level living in the Gonic area of Rochester! This freshly painted, two-bedroom, one-bath ranch features a beautiful new kitchen and recessed lighting throughout. Sunlight pours through the living room’s large picture window, which overlooks the expansive, fully fenced backyard. Set on a .46-acre lot, the home also offers an outdoor patio for relaxing or entertaining.The oversized shed has electricity and a wood stove, making it a great space for a workshop, hobbies, or a cozy hangout. The lower level holds potential for future expansion, while the attached one-car garage and two driveways provide plenty of parking. Enjoy the convenience of Gonic living with shopping, dining, golfing, and scenic trails nearby. Access to the Spaulding Turnpike makes trips to Dover, Portsmouth, and the Seacoast easily within reach. First showings at the Open House on Friday 9/25 4:30-6:00 pm and on Saturday 9/26 12:00-1:30 pm

39 Oak St, Rochester

$139,000

2 Beds ⋅ 2 Baths ⋅ 5111177 MLS

Welcome to 6 Easter Lane in Briar Ridge Estates! This 2 bedroom, 1 bath home sits on one of the larger, more private lots in the park with a wide lawn, mature shade trees, and established plantings. The bright, eat-in kitchen has plenty of wood cabinets, a double sink, and stainless Samsung range and microwave, and a door leads right out to the side yard. Vaulted ceilings, new light fixtures, and fresh paint carry through the home. The bedrooms have generous closet space. A separate laundry room has its own exterior door and comes with a front-load washer and dryer. Outside, you'll find a covered front entry with concrete steps, a rear deck, a storage shed with a window, and a paved walkway from the parking area. Convenient to downtown Rochester, Route 16, and the Spaulding Turnpike.

6 Easter Ln, Rochester

$145,000

2 Beds ⋅ 2 Baths ⋅ 5111090 MLS

Welcome to 26 Goldrush Lane! This well maintained manufactured home offers comfortable one level living with 2 bedrooms and 2 baths. The spacious living room opens to an eat-in kitchen, while the bedrooms are positioned at opposite ends of the home for added privacy. The primary bedroom features a large walk-in closet with a full bath off the bedroom, while a 3/4 bath is conveniently located near the additional bedroom, which has 2 closets. Enjoy central air, first-floor laundry, a rear deck, and a shed for additional storage. Located in Prescott Estates with a paved driveway, public water, and community sewer. Dogs under 50 lbs & indoor cats allowed!

26 Goldrush Ln, Rochester

$440,000

4 Beds ⋅ 2 Baths ⋅ 5110861 MLS

Solid 1959 Colonial on a private 1.1 acre lot, minutes from downtown Rochester and Route 16. 2,304 square feet over two levels with 4 bedrooms, 1.5 baths, 8 rooms, two fireplaces, and custom built-ins of a kind you rarely see in newer construction. Hardwood floors are under the existing carpet, ready to be uncovered. Generous room sizes, an attached garage, a front porch, and a full 1,296 square foot unfinished basement for storage or a workshop. Big private backyard with a 12x12 shed. Public water, private septic with leach field, oil fired hot water boiler in good shape that also supplies the domestic hot water, propane cooktop with electric oven, and an asphalt shingle roof from 2009. Yes, it is dated. That is the opportunity. The bones are good and the lot is the part you cannot add later, so bring your paint, flooring and finishes and make it yours. Sold as-is. Quick access to the Spaulding Turnpike and downtown Rochester. Open house, Saturday 11-1.

13 Florence Dr, Rochester

$359,000

3 Beds ⋅ 1 Baths ⋅ 5110734 MLS

This charming three-bedroom ranch is located in the historic Gonic Village section of Rochester, a distinctive community shaped by its Cocheco River and mill-town heritage and known today for its nearby trails, natural areas, and convenient access to surrounding communities. The main level offers comfortable single-floor living, an open-concept kitchen & dining, main level laundry, and spacious living room, while the basement provides two finished rooms, ideal for a family room, home office, exercise space, or hobbies. The unfinished portion of the basement is practical and well equipped, featuring a workbench, storage shelving, and bulkhead access to the backyard. Outside, an expansive 17’ x 15’ deck provides abundant elevated space for outdoor dining, entertaining, or simply relaxing while overlooking the tree-lined backyard and well-maintained neighboring properties. The front and back yards provide plenty of space for gardening and relaxing. Additional highlights include central A/C, a roof that is approximately nine years old, and a stove hook-up and chimney for cozy living room ambiance and alternate heat source. This home is located at the end of a private road with no through traffic offering a perfect refuge from the bustling downtown, just minutes away! Saturday Sept 26 Open House re-scheduled to Wed Sept 30 at 4:30-6pm, , and Saturday October 3 12-1:30pm.

5 Levi St, Rochester

$139,900

2 Beds ⋅ 1 Baths ⋅ 5110729 MLS

This 1989 Park Model home has an 8'X35' Fully enclosed Porch. The home is typical mid-century vibe with a banana counter in the Kitchen! Located on a quiet dead-end street in Baxter Recreation Area has deep water and beach access. There are no restrictions in this seasonal property and you own your own lot too. An older but adorable gas powered golf cart comes with the home & a 2015 Battery Powered one is negotiable. I call them Herbie and The Tank but you rename them! Most of the furnishings can stay with the property. Baxter Lake is considered a clean swimming location and great for boating, fishing, Kayaking and swimming. The home is located about 1/8th of a mile or more to the water or an easy golf cart ride. Water is available 6 months out of the year and after that the common grounds shared Bath House remains open. Come check it out as this Park Model home is very comfy and grounds include a shed.

85 Squanto Ln, Rochester

$169,000

2 Beds ⋅ 1 Baths ⋅ 5110629 MLS

This Baxter Lake Campground lot includes a Kropf Industries Park Model RV in excellent condition and you own the lot. Located in Baxter Lake Campground you can enjoy so many Spring/Summer/Fall activities here by the lake. This Island Series park mode home has super tall ceilings, full Kitchen, full Bedroom, Bathroom, Loft and wide-open Living Room that makes feel right at home. The outside area offers several sitting areas for outside enjoyment. Baxter Lake is sizable and no restrictions. Many owners use golf carts to get around in this campground with security gate to access the park. There is drinking water on this site and it has a year-round water pipe that could be connected too for 4 season fun. Come see this great home with so many premium features in place and a shed for all your lake toys. You own the lot & Park Model RV and owe $275 a quarter for dues.

188 Chocorua Way, Rochester

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