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Rochester

Why you'd want to live in Rochester

Living in Rochester, Minnesota is appealing for its unique blend of economic opportunity, livability, and community-focused quality of life anchored by world-renowned healthcare and education. The city is best known as the home of the Mayo Clinic, which brings global prestige, a strong job market, and a steady influx of professionals, researchers, and innovation that fuels local restaurants, arts, and cultural events. Rochester offers a clean, well-planned urban layout with abundant parks, trails, and access to nature, including the Zumbro River Greenway and extensive biking and walking paths that make outdoor activity part of daily life. Residents enjoy a cost of living that remains reasonable compared to larger metro areas while still benefiting from excellent schools, modern infrastructure, and a growing downtown featuring dining, shopping, and year-round festivals. With its strong sense of community, manageable size, and ongoing investment driven by healthcare, technology, and Destination Medical Center development, Rochester delivers the advantages of a progressive city without the congestion and pace of a major metropolitan area.

Rochester Market Report

$565,713

AVERAGE PRICE OF 1,050 HOMES

$2,042,324

AVERAGE PRICE OF 109 MULTI-MILLION DOLLAR HOMES

$786,510

AVERAGE PRICE OF 168 NEWLY BUILT HOMES

$865,650

AVERAGE PRICE OF 28 HOMES WITH A POOL

$567,974

AVERAGE PRICE OF 53 REDUCED PRICE HOMES

Average Home

Average Price $565,713
Avg Bedrooms 2.66 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $171,590
2 bedrooms $288,002
3 bedrooms $409,561
4 bedrooms $584,717
5 bedrooms $893,986
Rochester Home Price Trends
  4/2026 3/2026 2/2026 1/2026 12/2025
Total Listings 960 804 705 671 708
Average Price $568,359 $566,221 $537,601 $543,878 $535,509
Avg Price Change +0.38% +5.32% -1.17% +1.56% +1.24%
Median Price $376,201 $360,719 $336,948 $332,558 $330,411
Med Price Change +4.29% +7.05% +1.32% +0.65% -1.37%
Avg Bedrooms 2.57 beds 2.41 beds 2.24 beds 2.19 beds 2.18 beds
Avg Bathrooms 2.01 baths 1.88 baths 1.75 baths 1.7 baths 1.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Mayo 437 $641,312 241 days
Total Homes Average Price Avg Days on Site
All Homes 1,050 $565,713 160 days
Multi-Million Dollar Homes 109 $2,042,324 227 days
Newly Built Homes 168 $786,510 136 days
Homes with a Pool 28 $865,650 96 days
Reduced Price Homes 53 $567,974 54 days
Patty Zuzek Mn, Wi Broker
801 Cliff Rd E # 135
Burnsville, MN 55337
952-985-7253

Based on information submitted to the MLS GRID as of May 10, 2026 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.
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