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ROCHESTER, MN 55901

Real Estate Market Report  ·  Olmsted County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ROCHESTER, MN real estate market (55901) currently shows 213 active listings, with 84 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 31 days on market compared to 22 days last year.

The median listing price has risen 2% year-over-year, from $374,950 to $382,625.

Whether you are buying or selling in ROCHESTER, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 58,015  ·  Density: 677.2/mi²  ·  Median household income: $85,890

Typical home value: $270,773  ·  Homeownership: 64.3%

Market Overview

Active Listings
213
⇧ 22.4% vs 174 last year
Pending
84
39% pending ratio
Median Price
$382,625
⇧ 2% vs $374,950 last year
Average Price
$438,970
⇩ 14.7% vs $514,441 last year
Days on Market
31
⇧ 40.9% vs 22 days last year

Price Per Square Foot

Median $/sqft
$205
⇧ 12.6% vs $182/sqft last year
Median Home Size
1,754 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 213 this year vs 174 last year
  • Days on market: 31 now vs 22 last year

Median & Average Pricing

Year over Year
  • Median: $382,625 (+2% YoY)
  • Average: $438,970 (-14.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.7 miles — 453 listings ($276,007,324 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55901Rochester, MN 559010.0 mi165$71,314,980$387,450$432,212
55906Rochester, MN 559065.4 mi71$36,405,818$363,725$512,758
55902Rochester, MN 559027.6 mi138$133,996,068$845,000$970,986
55932Elgin, MN 5593210.8 mi8$2,636,560$353,725$329,570
55955Mantorville, MN 5595511.9 mi5$2,356,125$471,225$471,225
55991Zumbro Falls, MN 5599113.2 mi1$599,900$599,900$599,900
55956Mazeppa, MN 5595614.4 mi4$2,174,900$543,725$543,725
55992Zumbrota, MN 5599218.2 mi20$8,081,180$396,175$404,059
55927Dodge Center, MN 5592718.7 mi12$4,473,312$317,500$372,776
55967Racine, MN 5596719.6 mi2$919,800$459,900$459,900
55985West Concord, MN 5598520.6 mi10$4,174,540$406,250$417,454
55923Chatfield, MN 5592322.3 mi14$8,229,816$499,500$587,844
55027Goodhue, MN 5502723.7 mi3$644,325$226,825$214,775

Frequently Asked Questions

How many homes are for sale in ROCHESTER, MN 55901?

As of March 2026, there are 213 active listings in ROCHESTER, MN (zip code 55901), compared to 174 the prior year.

What is the median home price in ROCHESTER, MN 55901?

The median listing price in ROCHESTER, MN 55901 is $382,625 as of March 2026, a 2% increase from $374,950 the prior year.

How long do homes stay on the market in ROCHESTER, MN?

Homes in ROCHESTER, MN 55901 spend an average of 31 days on the market before going under contract, compared to 22 days the prior year.

Is it a seller's or buyer's market in ROCHESTER, MN 55901?

Based on current inventory and days-on-market data as of March 2026, ROCHESTER, MN 55901 is currently a Buyer's Market. Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 31 days on market compared to 22 days last year.

How much can I save on real estate commission in ROCHESTER, MN?

With SELL123.com's maximum 3% commission, sellers in ROCHESTER, MN 55901 save an estimated $7,653 compared to a typical 5% commission on the median listing price of $382,625. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.