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ROCHESTER, MN 55902

Real Estate Market Report  ·  Olmsted County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
131
⇧ 4.8% vs 125 last year
Pending
40
31% pending ratio
Median Price
$812,000
⇧ 12.8% vs $719,750 last year
Average Price
$964,926
⇧ 6% vs $910,323 last year
Days on Market
80
⇩ 30.4% vs 115 days last year

Market Context

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

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

Market Analysis

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

The ROCHESTER, MN real estate market (55902) currently shows 131 active listings, with 40 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 80 days on market compared to 115 days last year.

The median listing price has risen 12.8% year-over-year, from $719,750 to $812,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 131 this year vs 125 last year
  • Days on market: 80 now vs 115 last year

Median & Average Pricing

Year over Year
  • Median: $812,000 (+12.8% YoY)
  • Average: $964,926 (+6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.7 miles — 426 listings ($266,695,655 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55902Rochester, MN 559020.0 mi131$126,405,306$812,000$964,926
55920Byron, MN 559206.1 mi38$23,354,838$527,400$614,601
55901Rochester, MN 559017.6 mi143$60,855,080$357,500$425,560
55906Rochester, MN 5590611.2 mi71$36,310,110$362,450$511,410
55960Oronoco, MN 5596012.1 mi8$4,531,288$485,000$566,411
55955Mantorville, MN 5595514.1 mi3$1,401,975$452,450$467,325
55932Elgin, MN 5593215.9 mi5$1,933,900$395,000$386,780
55936Grand Meadow, MN 5593618.1 mi5$1,699,500$284,900$339,900
55927Dodge Center, MN 5592718.3 mi10$3,993,090$325,000$399,309
55929Dover, MN 5592918.5 mi1$335,000$335,000$335,000
55990Wykoff, MN 5599020.9 mi4$1,826,668$335,000$456,667
55956Mazeppa, MN 5595621.9 mi5$3,625,000$725,000$725,000
55918Brownsdale, MN 5591822.7 mi2$423,900$211,950$211,950

Frequently Asked Questions

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

As of January 2026, there are 131 active listings in ROCHESTER, MN (zip code 55902), compared to 125 the prior year.

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

The median listing price in ROCHESTER, MN 55902 is $812,000 as of January 2026, a 12.8% increase from $719,750 the prior year.

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

Homes in ROCHESTER, MN 55902 spend an average of 80 days on the market before going under contract, compared to 115 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 January 2026, ROCHESTER, MN 55902 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 80 days on market compared to 115 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 $16,240 compared to a typical 5% commission on the median listing price of $812,000. 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.