Rochester, MN Home Values & Market Trends

Real estate market trends reflect that there have been 2,277 transactions over the past year in Rochester. The median value for residential home transactions that occurred over the previous year is $365,560. The number of current listings in Rochester is 2,491, and the percentage of properties for sale in the city is 2491.00%. Rochester, MN currently has 30 properties in foreclosure, 6 bank owned properties, 24 properties headed for auction, and 2,491 properties for sale.

Rochester, MN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
55901

$ 344,483

$ 270/sqft

55906

$ 427,000

$ 259/sqft

55902

$ 529,900

$ 287/sqft

55905

$ --

$ --

55904

$ 311,956

$ 256/sqft

Housing Market Summary for Rochester, MN

Sep 2025September 2026Change
Median Listing Price$360K$399.9K11.08%
Median Sold Price$338.7K$291.2K-14.04%
Homes For Sale1,5662,46157.15%
Homes Sold804635-21.02%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Rochester, MN

Rochester home values range from $58,500 to $3,305,810. The median estimated value of a home in Rochester is $365,560. The median list price of a home is 399,900, and the total count of properties in the city is 3,037.

Foreclosure
There are 5 zips within Rochester, MN; within these zips, the median estimated home value for homes in foreclosure ranges from $460,000 in 55906 to the lowest value of $140,198 in 55906. Foreclosure homes account for 0.00% of properties in Rochester, MN with 55901 containing 15 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Rochester, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Rochester, MN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Rochester, MN ranges from the highest value of $542,715 in 55901 to the lowest value of $140,198 in 55906. Bank owned homes and properties account for 0.20% of properties in Rochester, MN. There are 5 zips within Rochester, MN; 55906 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    55901 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Rochester, MN. Auction homes and other auction properties account for 0.79% of all properties in Rochester, MN. There are 5 zips within Rochester, MN; of those zips, the median estimated home value for homes going to auction ranges from $390,586 in 55902 to the lowest value of $144,168 in 55902.
Homes for Sale
Homes and properties that are actively listed for sale account for 82.02% of residential properties in Rochester, MN with 55901 containing 1050 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Rochester, MN; homes for sale in those zips, have a range of median values from $1,277,754 in 55906 to the lowest value of $58,500 in 55901.
    Sold Homes
    The median value for recently sold homes ranges from $1,027,774 in 55906 to the lowest price of $82,517 in 55906. There are 5 zips within Rochester, MN. 55901 has 207 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 16.00% of properties in Rochester, MN.

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      Guide for Rochester, MN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.