Photo: cjohnson7 · CC BY 2.01,741 homes sold in Rochester in the last year, at a typical $349K
About one sale in 6 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Rochester homes are listed.
Every place Rochester homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Rochester.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
4% of Rochester’s sales are condos, at $201K less than a house
1418 houses and 66 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 1418 sold in 12 months
- Per square foot
- $179MN $191
- Days to sell
- 23
- Sold over asking
- 39%
- Listings with a price cut
- 30%
typical sale · 66 sold in 12 months
- Per square foot
- $151MN $205
- Days to sell
- 63
- Sold over asking
- 14%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 21 sold, typical $297K
Townhouses: 236 sold, typical $314K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.8 times the 2016 price
1,741 sales in the last year, against 2,410 in 2015 and a low of 1,635 in 2023. The typical sale went from $189K in 2016 to $349K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Rochester
Check a listing against what Rochester homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Rochester are back to pre-pandemic levels, but a third fewer homes come up for sale
We read every month of Rochester’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,741 sales.
If you’re buying in Rochester
- Shop in March. It brings about 281 new listings a month, close to the busiest month, with fewer bidding wars (41% over asking).
- You can negotiate. 29% of listings have cut their price, against 11% before the pandemic.
- Bid near asking. Buyers paid 99.7% of the list price on average; 35% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
March has the most new listings (about 281 a month), but June is the most competitive: 49% of June sales close over asking. January has the least competition (29%) but only about 114 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Minnesota as a whole
| Rochester now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 35% | 38% | 53% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 51% | 20% | 69% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | 11% | 23% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 99.7% | 100% | 101.9% | 99.2% |
| Days to sellMedian days from listing to contract | 25 | 52 | 13 | 35 |
291 homes for sale on a typical day
That’s 1.4 times the 2021 low (201), 36% fewer than in 2017–19 and well under 2012’s 847.
1 in 4 listings has cut its price
29% in the last year, against 11% in 2017–19 and 28% across Minnesota. More sellers are pricing high and coming down.
Since 2019, houses are up 47%, condos 25%
A house typically sold for $366K in the last year (1418 sales), a condo for $165K (66).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Rochester ranks 55th of 144 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Rochester is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Rochester home costs about $2,126 a month
Price: Rochester’s typical sale, last 12 months. Property tax at Rochester’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Rochester is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 76.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $349K home, about $3,660 a year.
Taxes vs. neighborsSchools
The schools grade for Rochester, from test results, graduation and how much students grow.
Schools in RochesterTypical commute
The average one-way trip to work for people who live in Rochester.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Oronoco for far more
The busier markets within 25 miles of Rochester, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Rochester | 1,741 | $349K | $179 | 35% | 25 |
| Byron | 115 | $401K | $188 | 24% | 41 |
| Kasson | 114 | $348K | $179 | 25% | 26 |
| Pine Island | 84 | $325K | $179 | 33% | 42 |
| Stewartville | 75 | $290K | $176 | 33% | 43 |
| Oronoco | 22 | $478K | $318 | 27% | 52 |
| Eyota | 22 | $354K | $189 | 32% | 73 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Rochester, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Rochester. People who follow the town see it, and so do people comparing Rochester with their own town. No commission, no listing fee.
Questions about buying a home in Rochester
What do homes sell for in Rochester, MN?
1,741 homes sold in the year to May 2026 at a typical $349K, $179 a square foot. Houses sold for about $366K, condos for about $165K.
Is Rochester a buyer’s or seller’s market?
A seller’s market: 340 homes were for sale in May 2026 and 205 sold, about 1.7 months of supply. Buyers paid 99.7% of asking on average, and 29% of listings cut their price.
When is the best time to buy in Rochester?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Rochester?
About 1.1% of a home’s value a year. On a $349K home that’s near $3,660.
Where can I see homes for sale in Rochester?
Zillow, Redfin, Realtor.com and Homes.com all carry Rochester’s MLS listings; the search links above open each one filtered to Rochester.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).