If you need assistance, please call 507-696-7510

Rochester

Why you'd want to live in Rochester

Rochester, Minnesota, is renowned for its vibrant community and robust economy, largely driven by the presence of the Mayo Clinic, one of the leading healthcare institutions in the world. This city offers a blend of urban amenities and natural beauty, making it an attractive place to live. Residents benefit from a wide range of cultural activities, including art galleries, theaters, and music festivals. The city also boasts numerous parks and recreational areas that promote an active lifestyle. Educational opportunities are abundant with several public and private schools as well as higher education institutions like Rochester Community and Technical College. The overall quality of life in Rochester is enhanced by its commitment to community health initiatives and sustainable living practices.

Rochester Market Report

$561,621

AVERAGE PRICE OF 590 HOMES

$362,700

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,950,523

AVERAGE PRICE OF 73 MULTI-MILLION DOLLAR HOMES

$894,960

AVERAGE PRICE OF 115 NEWLY BUILT HOMES

$515,509

AVERAGE PRICE OF 14 HOMES WITH A POOL

$422,394

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $561,621
Avg Bedrooms 2.22 beds
Avg Bathrooms 1.72 baths

Average Price by Bedrooms

1 bedroom $135,771
2 bedrooms $279,368
3 bedrooms $489,085
4 bedrooms $650,095
5 bedrooms $913,184
Rochester Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 659 746 790 818 838
Average Price $537,037 $512,813 $519,750 $519,031 $512,626
Avg Price Change +4.72% -1.35% +0.14% +1.25% +1.32%
Median Price $333,500 $331,950 $335,300 $326,666 $325,768
Med Price Change +0.47% -1.01% +2.64% +0.28% +0.24%
Avg Bedrooms 2.22 beds 2.24 beds 2.27 beds 2.26 beds 2.25 beds
Avg Bathrooms 1.71 baths 1.74 baths 1.74 baths 1.73 baths 1.73 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Mayo 279 $561,044 235 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 590 $561,621 226 days
Distressed Homes 4 $362,700 106 days
Multi-Million Dollar Homes 73 $1,950,523 228 days
Newly Built Homes 115 $894,960 157 days
Homes with a Pool 14 $515,509 107 days
Reduced Price Homes 18 $422,394 94 days
eXp Realty
Alex Mayer
1702 18th Ave NW
Rochester, MN 55901
507-696-7510

Based on information submitted to the MLS GRID as of January 13, 2025 9 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
This site powered by CINC: www.cincpro.com