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ROCHESTER, MN 55902

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The ROCHESTER, MN real estate market (55902) currently shows 189 active listings, with 41 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 81 days on market compared to 56 days last year.

The median listing price has fallen 13.8% year-over-year, from $694,250 to $598,725.

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Market Context

Market Context

Population: 26,047  ·  Density: 244.4/mi²  ·  Median household income: $107,017

Typical home value: $390,270  ·  Homeownership: 71.4%

Market Overview

Active Listings
189
⇧ 3.8% vs 182 last year
Pending
41
22% pending ratio
Median Price
$598,725
⇩ 13.8% vs $694,250 last year
Average Price
$816,837
⇩ 6.8% vs $876,086 last year
Days on Market
81
⇧ 44.6% vs 56 days last year

Price Per Square Foot

Median $/sqft
$213
⇧ 0.5% vs $212/sqft last year
Median Home Size
3,116 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 189 this year vs 182 last year
  • Days on market: 81 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $598,725 (-13.8% YoY)
  • Average: $816,837 (-6.8% 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 22.7 miles — 480 listings ($296,041,964 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55902Rochester, MN 559020.0 mi138$133,996,068$845,000$970,986
55920Byron, MN 559206.1 mi55$32,911,120$478,800$598,384
55901Rochester, MN 559017.6 mi165$71,314,980$387,450$432,212
55906Rochester, MN 5590611.2 mi71$36,405,818$363,725$512,758
55960Oronoco, MN 5596012.1 mi9$5,139,756$492,450$571,084
55955Mantorville, MN 5595514.1 mi5$2,356,125$471,225$471,225
55932Elgin, MN 5593215.9 mi8$2,636,560$353,725$329,570
55936Grand Meadow, MN 5593618.1 mi5$1,536,550$279,900$307,310
55927Dodge Center, MN 5592718.3 mi12$4,473,312$317,500$372,776
55929Dover, MN 5592918.5 mi2$900,000$450,000$450,000
55990Wykoff, MN 5599020.9 mi5$1,941,875$342,500$388,375
55956Mazeppa, MN 5595621.9 mi4$2,174,900$543,725$543,725
55918Brownsdale, MN 5591822.7 mi1$254,900$254,900$254,900

Frequently Asked Questions

How many homes are for sale in ROCHESTER, MN 55902?

As of September 2026, there are 189 active listings in ROCHESTER, MN (zip code 55902), compared to 182 the prior year.

What is the median home price in ROCHESTER, MN 55902?

The median listing price in ROCHESTER, MN 55902 is $598,725 as of September 2026, a 13.8% decrease from $694,250 the prior year.

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

Homes in ROCHESTER, MN 55902 spend an average of 81 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in ROCHESTER, MN 55902?

Based on current inventory and days-on-market data as of September 2026, ROCHESTER, MN 55902 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 56 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 55902 save an estimated $11,975 compared to a typical 5% commission on the median listing price of $598,725. 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.