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Rochester

Why you'd want to live in Rochester

Rochester is the county seat of Olmsted county and is Minnesota's third-largest city. Situated in a valley, Rochester has over 3,500 acres of park land many paved trails for walking and biking adventures.

Rochester Market Report

$420,321

AVERAGE PRICE OF 473 HOMES

$1,874,629

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$782,662

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$568,590

AVERAGE PRICE OF 11 HOMES WITH A POOL

$373,971

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $420,321
Avg Bedrooms 2.15 beds
Avg Bathrooms 1.65 baths

Average Price by Bedrooms

1 bedroom $128,550
2 bedrooms $262,815
3 bedrooms $334,413
4 bedrooms $513,786
5 bedrooms $800,278
Rochester Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 476 542 613 659 677
Average Price $414,733 $408,753 $421,485 $426,571 $423,743
Avg Price Change +1.46% -3.11% -1.21% +0.67% +1.45%
Median Price $271,623 $272,751 $294,958 $299,480 $297,265
Med Price Change -0.42% -8.14% -1.53% +0.75% -0.54%
Avg Bedrooms 2.08 beds 2.2 beds 2.38 beds 2.4 beds 2.44 beds
Avg Bathrooms 1.6 baths 1.66 baths 1.79 baths 1.8 baths 1.83 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Century 118 $337,074 106 days
John Marshall 77 $424,714 62 days
Mayo 246 $418,283 127 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 473 $420,321 114 days
Multi-Million Dollar Homes 28 $1,874,629 153 days
Newly Built Homes 69 $782,662 120 days
Homes with a Pool 11 $568,590 81 days
Reduced Price Homes 10 $373,971 52 days
North House
1907 2nd St. SW
Rochester, MN
507-218-1057
rochesterareahomelistings.com

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Drew Fleming - North House are marked with the Broker ReciprocitySM logo or the Broker Reciprocity and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Copyright2023Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated February 7, 2023
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