Rochester, MN Housing Market
The Rochester housing market is very competitive. The median sale price of a home in Rochester was $298K last month, down 7.6% since last year. The median sale price per square foot in Rochester is $160, up 0.3% since last year.
Rochester Housing Market Trends
In August 2023, Rochester home prices were down 7.6% compared to last year, selling for a median price of $298K. On average, homes in Rochester sell after 12 days on the market compared to 16 days last year. There were 148 homes sold in August this year, down from 169 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Rochester housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 10 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 days.
Rochester Migration & Relocation Trends
Home offer insights for Rochester
Recent offers
View houses in Rochester that sold recently
Recently sold homes
- $316,500 Last Sold Price3 Beds2 Baths—Sq. Ft.905 E Center St, Rochester, MN 55904List Price$299,900Sale to List6% over listDays on Market39 days905 E Center St, Rochester, MN 55904
- $305,000 Last Sold Price4 Beds2 Baths—Sq. Ft.931 Northland Pl NE, Rochester, MN 55906List Price$314,900Sale to List3% under listDays on Market35 days931 Northland Pl NE, Rochester, MN 55906
- $256,000 Last Sold Price3 Beds2 Baths—Sq. Ft.2318 17th Ave NW, Rochester, MN 55901List Price$259,900Sale to List2% under listDays on Market29 days2318 17th Ave NW, Rochester, MN 55901
- $260,000 Last Sold Price3 Beds2 Baths—Sq. Ft.913 17th Ave NE, Rochester, MN 55906List Price$255,000Sale to List2% over listDays on Market41 days913 17th Ave NE, Rochester, MN 55906
- $245,000 Last Sold Price2 Beds1 Bath—Sq. Ft.3404 20th Ave NW, Rochester, MN 55901List Price$245,000Sale to List0% over listDays on Market0 days3404 20th Ave NW, Rochester, MN 55901
- $145,000 Last Sold Price2 Beds2 Baths—Sq. Ft.3314 16th Ave NE, Rochester, MN 55906List Price$149,900Sale to List3% under listDays on Market78 days3314 16th Ave NE, Rochester, MN 55906
- $430,000 Last Sold Price4 Beds3 Baths—Sq. Ft.1935 Gemini Dr SW, Rochester, MN 55902List Price$435,000Sale to List1% under listDays on Market59 days1935 Gemini Dr SW, Rochester, MN 55902
- $280,000 Last Sold Price3 Beds2 Baths—Sq. Ft.4210 Fern Ave SE, Rochester, MN 55904List Price$275,000Sale to List2% over listDays on Market55 days4210 Fern Ave SE, Rochester, MN 55904
See all recently sold homes in Rochester.
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Schools in Rochester
- Elementary
- Middle
- High
GreatSchools Rating
7/10 George W. Gibbs Elementary School Public • PreK-5 | 839 Students | 8 reviews |
7/10 Montessori At Franklin Public • K-5 | 193 Students | 1 reviews |
7/10 Lincoln K-8 Choice Elementary School Public • K-8 | 465 Students | 7 reviews |
7/10 Folwell Elementary School Public • PreK-5 | 342 Students | 5 reviews |
6/10 Bishop Elementary School Public • PreK-5 | 454 Students | 4 reviews |
Climate's impact on Rochester housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Rochester.
Flood Factor - Moderate
Flood Factor

Fire Factor - Minor
Fire Factor

Wind Factor - Minimal
Wind Factor

Heat Factor - Minor
Heat Factor

Transportation in Rochester
Walk Score®
Bike Score®
More Real Estate Resources for Rochester
New Listings in Rochester
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- 1014 3rd Ave SE
- 2517 Scenic Point Dr SW
- 3488 Bridgeview Dr SE
- 256 Forest Knoll Pl SE
- 5500 26th Ave NW Unit D
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- All Rochester New Listings
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