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Sarah Mitchell

CNESRESABR

Compass Real Estate · Rochester, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Rochester, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Rochester, MN Housing Market & Real Estate

Strong seller's market+6.6% YoY

Housing market overview · Updated monthly ·

$351,900median sale price

How is the Rochester, MN housing market right now?

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.)

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

Strong seller's market1.7 months of supply16 avg. days on market

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

What does the Rochester housing market data show?

Current housing market statistics for Rochester, MN
MetricValue
Median sale price$351,900
Median list price$359,900
Year-over-year price change+6.6%
Average days on market16 days
Active inventory340 listings
Months of supply1.7 months
Sale-to-list price ratio100.3%
Median price per sq ft$188/sq ft
Homes sold (latest month)205
New listings (latest month)219
Listings with a price cut43.8%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Rochester by property type?

How the Rochester, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Rochester, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$385,000$188/sq ft16914 days
Condo / Co-op$173,500$168/sq ft933 days
Townhouse$315,000$190/sq ft2624 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.

Homes for sale in Rochester

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.

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$133/ft²
Condo
View photos & details
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$208/ft²
House6,186 sqft lot
View photos & details
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$141/ft²
Townhouse958 sqft lot
View photos & details
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$198/ft²
House5,532 sqft lot
View photos & details
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$143/ft²
House11,326 sqft lot
View photos & details
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$193/ft²
House8,146 sqft lot
View photos & details
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$195/ft²
House1.03 acres
View photos & details
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$191/ft²
House
View photos & details
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$273/ft²
House9,670 sqft lot
View photos & details
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$171/ft²
House1.61 acres
View photos & details
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$202/ft²
House13,939 sqft lot
View photos & details
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$242/ft²
House15,246 sqft lot
View photos & details

Looking to buy in Rochester?

Get connected with a local real estate expert — free, no obligation.

Active listings

340

Homes on market

Median list price

$360K

Avg. days on market

16

Days until sale

New this week

219

Newly listed

Price drops:43.8%of listings
Sale-to-list:100.3%

Who lives in Rochester?

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

What are homes worth in Rochester?

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

What is it like to live in Rochester?

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.

Which public schools serve 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.

Which cities are near Rochester, MN?

Want a head-to-head view? Compare Rochester side-by-side with any other U.S. city using our market-comparison tool.

Is Rochester a good real estate investment market?

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.

Frequently asked questions

What is the average home price in Rochester?

The median home sale price in Rochester is $351,900, up 6.6% from last year.

How long do homes stay on market in Rochester?

Homes typically spend 16 days on market before going under contract.

What is the median income in Rochester?

The median household income is $87,767 per year.

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

With 1.7 months of supply, Rochester is currently a strong seller's market.

How many homes are for sale in Rochester?

There are currently 340 homes listed for sale in Rochester, MN.

What is the Zillow home value estimate for Rochester?

The Zillow Home Value Index (ZHVI) for Rochester is $348,286, representing the typical home value in the area.

What is the median condo price in Rochester?

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.

How much does a single-family home cost in Rochester?

The median single-family home price in Rochester, MN is $385,000 (about $188 per square foot).

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