Rochester, MN
Housing market overview · Updated weekly
$345,000median sale price
Homes sold
81
Last 12 weeks
Days on market
61
Average pace
Active listings
217
2.7 months supply
Sale-to-list
99.3%
Below asking
The Rochester housing market is currently classified as a balanced market with a median sale price of $345,000. Prices have risen 3.0% compared to last year, with homes spending an average of 61 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Rochester?
The median home sale price in Rochester is $345,000, up 3.0% from last year.
How long do homes stay on market in Rochester?
Homes typically spend 61 days on market before going under contract.
Is Rochester a buyer's or seller's market?
With 2.7 months of supply, Rochester is currently a balanced market.
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