Rochester, MN Housing Market & Real Estate

Balanced market+3.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Rochester, MN is $345,000, up 3.0% year-over-year. Homes sell in an average of 61 days with 217 active listings. The market is currently a balanced market.

$345,000median sale price

Is Rochester a buyer's or seller's market?

Balanced market2.7 months of supply61 avg. days on market

Rochester, MN is currently a balanced market, based on 2.7 months of supply and homes selling in about 61 days. How we determine this →

Homes sold

81

Last 12 weeks

Days on market

61

Average pace

Active listings

217

2.7 months supply

Sale-to-list

99.3%

Below asking

Rochester, MN market data

Current housing market statistics for Rochester, MN
MetricValue
Median sale price$345,000
Median list price$367,450
Year-over-year price change+3.0%
Average days on market61 days
Active inventory217 listings
Months of supply2.7 months
Sale-to-list price ratio99.3%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Rochester housing market is currently classified as a balanced market with a median sale price of $345,000. Prices have risen 3.0% compared to last year, with homes spending an average of 61 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Rochester

There are currently 217 homes listed for sale in Rochester, Minnesota. The median listing price is $367K. Featured listings range from $120,000 to $1,100,000.

2 bedroom condo for sale at 521 19th St NW Apt 15 Rochester - $120,000
$120,000

521 19th St NW Apt 15

Rochester, MN

2 bd1 ba903 sqft
Condo
More about this property
2 bedroom house for sale at 921 11th St SE Rochester - $225,000
$225,000

921 11th St SE

Rochester, MN

2 bd1 ba1,080 sqft
House6,186 sqft lot
More about this property
2 bedroom townhouse for sale at 28 Elton Ridge Ct NW Rochester - $239,900
$239,900

28 Elton Ridge Ct NW

Rochester, MN

2 bd2 ba1,705 sqft
Townhouse958 sqft lot
More about this property
4 bedroom house for sale at 1411 3 1/2 St SE Rochester - $296,000
$296,000

1411 3 1/2 St SE

Rochester, MN

4 bd2 ba1,496 sqft
House5,532 sqft lot
More about this property
4 bedroom house for sale at 2041 Northgate Ct NW Rochester - $315,000
$315,000

2041 Northgate Ct NW

Rochester, MN

4 bd2 ba2,200 sqft
House11,326 sqft lot
More about this property
4 bedroom house for sale at 3864 Chesapeake Ln NW Rochester - $350,000
$350,000

3864 Chesapeake Ln NW

Rochester, MN

4 bd2 ba1,812 sqft
House8,146 sqft lot
More about this property
4 bedroom house for sale at 2645 Riverside Ln NE Rochester - $499,900
$499,900

2645 Riverside Ln NE

Rochester, MN

4 bd2 ba2,563 sqft
House1.03 acres
More about this property
4 bedroom house for sale at 4957 Noble Ln NW Rochester - $624,920
$624,920

4957 Noble Ln NW

Rochester, MN

4 bd3 ba3,264 sqft
House
More about this property
4 bedroom house for sale at 3435 Stonehedge Dr NE Rochester - $634,900
$634,900

3435 Stonehedge Dr NE

Rochester, MN

4 bd3 ba2,324 sqft
House9,670 sqft lot
More about this property
4 bedroom house for sale at 5130 Meadow Dr SE Rochester - $699,900
$699,900

5130 Meadow Dr SE

Rochester, MN

4 bd4 ba4,092 sqft
House1.61 acres
More about this property
4 bedroom house for sale at 1115 19th Ave SW Rochester - $714,900
$714,900

1115 19th Ave SW

Rochester, MN

4 bd4 ba3,537 sqft
House13,939 sqft lot
More about this property
5 bedroom house for sale at 1337 Woodland Dr SW Rochester - $1,100,000
$1,100,000

1337 Woodland Dr SW

Rochester, MN

5 bd5 ba4,542 sqft
House15,246 sqft lot
More about this property

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Active listings

217

Homes on market

Median list price

$367K

Avg. days on market

61

Days until sale

New this week

120

Newly listed

Price drops:19.4%of listings
Sale-to-list:99.3%

Top public schools in Rochester

50 schools tracked · 18,037 students

The largest public schools serving Rochester, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Mayo Senior High

Grades 8-12 · 1,820 students

Public

CENTURY SENIOR HIGH

Grades 8-12 · 1,722 students

Public

JOHN MARSHALL SENIOR HIGH

Grades 8-12 · 1,521 students

Public

Dakota Middle School

Grades 6-8 · 1,003 students

Public

WILLOW CREEK MIDDLE

Grades 6-8 · 834 students

Public

JOHN ADAMS MIDDLE

Grades 6-8 · 801 students

Public

KELLOGG MIDDLE

Grades 6-8 · 781 students

Public

Gibbs Elementary

Grades PK-5 · 725 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Rochester?

The median home sale price in Rochester is $345,000, up 3.0% from last year.

How long do homes stay on market in Rochester?

Homes typically spend 61 days on market before going under contract.

Is Rochester a buyer's or seller's market?

With 2.7 months of supply, Rochester is currently a balanced market.

How many homes are for sale in Rochester?

There are currently 217 homes listed for sale in Rochester, MN.

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