
521 19th St NW Apt 15
Rochester, MN
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Featured local agent — Rochester, MN
Compass Real Estate · Rochester, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Housing market overview · Updated monthly ·
$351,900median sale price
The median home sale price in Rochester, MN is $351,900, up 6.6% year-over-year. Homes sell in an average of 16 days with 340 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Rochester, MN is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
205
Last 12 weeks
Days on market
16
Fast-moving
Active listings
340
1.7 months supply
Sale-to-list
100.3%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $351,900 |
| Median list price | $359,900 |
| Year-over-year price change | +6.6% |
| Average days on market | 16 days |
| Active inventory | 340 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $188/sq ft |
| Homes sold (latest month) | 205 |
| New listings (latest month) | 219 |
| Listings with a price cut | 43.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How the Rochester, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $385,000 | $188/sq ft | 169 | 14 days |
| Condo / Co-op | $173,500 | $168/sq ft | 9 | 33 days |
| Townhouse | $315,000 | $190/sq ft | 26 | 24 days |
Source: Redfin · Updated monthly
The Rochester housing market is currently classified as a strong seller's market with a median sale price of $351,900. Prices have risen 6.6% compared to last year, with homes spending an average of 16 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
There are currently 340 homes listed for sale in Rochester, Minnesota. The median listing price is $360K. Featured listings range from $120,000 to $1,100,000.

Rochester, MN

Rochester, MN

Rochester, MN

Rochester, MN

Rochester, MN

Rochester, MN

Rochester, MN

Rochester, MN

Rochester, MN

Rochester, MN

Rochester, MN

Rochester, MN
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Active listings
340
Homes on market
Median list price
$360K
Avg. days on market
16
Days until sale
New this week
219
Newly listed
Population
121,638
Median income
$87,767/yr
Median age
36.4 years
Owner-occupied
65.4%
College grads
50.1%
Avg commute
17.2 min
Source: U.S. Census Bureau ACS
Zillow home value
$348,286
Zillow rent index
$1,702/mo
Price-to-rent ratio
17.0x
Price-to-income
4.0x
Source: Zillow Research
Rochester is a community of approximately 122K residents with a median age of 36.4 years.The median household income is $87,767, which reflects a relatively affluent area with strong earning potential. 50.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 65.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rochester offers a balanced lifestyle with accessible home values relative to local income levels.
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
CENTURY SENIOR HIGH
Grades 8-12 · 1,722 students
JOHN MARSHALL SENIOR HIGH
Grades 8-12 · 1,521 students
Dakota Middle School
Grades 6-8 · 1,003 students
WILLOW CREEK MIDDLE
Grades 6-8 · 834 students
JOHN ADAMS MIDDLE
Grades 6-8 · 801 students
KELLOGG MIDDLE
Grades 6-8 · 781 students
Gibbs Elementary
Grades PK-5 · 725 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Rochester side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Rochester, the price-to-rent ratio of 17.0x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Rochester's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Rochester's median home price.
The median home sale price in Rochester is $351,900, up 6.6% from last year.
Homes typically spend 16 days on market before going under contract.
The median household income is $87,767 per year.
With 1.7 months of supply, Rochester is currently a strong seller's market.
There are currently 340 homes listed for sale in Rochester, MN.
The Zillow Home Value Index (ZHVI) for Rochester is $348,286, representing the typical home value in the area.
The median condo/co-op sale price in Rochester, MN is $173,500, compared to $385,000 for a single-family home, based on the latest Redfin data.
The median single-family home price in Rochester, MN is $385,000 (about $188 per square foot).
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