Housing in Rochester, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$346,000
Median List Price
$357,900
Price Per Sq Ft
$172
Days on Market
62
Active Inventory
219
Months of Supply
2.7
Seller's market
Zillow Home Value
$327,835
ZHVI — January 2026
Zillow Rent Index
$1,632
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
21.3%
Off Market in 2 Weeks
41.8%
Sale-to-List Ratio
98.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
80
New Listings
97
Pending Sales
98
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$172
Median List $/SF
$183
Rochester vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 100,000 - 250,000 residents. Rochester is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$287,500
Median Rent
$1,316
Total Housing Units
53,595
Vacancy Rate
5.5%
Owner Occupied
65.4%
Renter Occupied
34.6%
Median Property Tax
$3,015
per year
Monthly Cost (w/ Mortgage)
$1,344
Housing Types
The current median sale price in Rochester, MN is $346,000 according to Redfin data. Homes spend a median of 62 days on the market. 21.3% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $172. Zillow's observed rent index is $1,632/month. About 65.4% of housing units are owner-occupied. The median year homes were built is 1987. There are 53,595 total housing units.