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ROCHESTER, MN 55904

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

Market Analysis

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

The ROCHESTER, MN real estate market (55904) currently shows 80 active listings, with 43 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 31 days on market compared to 28 days last year.

The median listing price has fallen 19.1% year-over-year, from $414,900 to $335,850.

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: 28,816  ·  Density: 185.0/mi²  ·  Median household income: $73,588

Typical home value: $219,474  ·  Homeownership: 66.4%

Market Overview

Active Listings
80
⇧ 2.6% vs 78 last year
Pending
43
54% pending ratio
Median Price
$335,850
⇩ 19.1% vs $414,900 last year
Average Price
$411,088
⇩ 1.7% vs $418,214 last year
Days on Market
31
⇧ 10.7% vs 28 days last year

Price Per Square Foot

Median $/sqft
$202
⇧ 8% vs $187/sqft last year
Median Home Size
1,661 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 78 last year
  • Days on market: 31 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $335,850 (-19.1% YoY)
  • Average: $411,088 (-1.7% 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 23.2 miles — 416 listings ($185,897,085 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55904Rochester, MN 559040.0 mi68$27,142,472$378,950$399,154
55934Eyota, MN 559347.2 mi17$6,025,174$314,900$354,422
55901Rochester, MN 559019.4 mi165$71,314,980$387,450$432,212
55920Byron, MN 5592011.6 mi55$32,911,120$478,800$598,384
55967Racine, MN 5596713.0 mi2$919,800$459,900$459,900
55923Chatfield, MN 5592313.3 mi14$8,229,816$499,500$587,844
55944Kasson, MN 5594416.9 mi35$15,987,720$448,800$456,792
55990Wykoff, MN 5599017.6 mi5$1,941,875$342,500$388,375
55955Mantorville, MN 5595519.1 mi5$2,356,125$471,225$471,225
55975Spring Valley, MN 5597519.8 mi9$3,805,101$309,375$422,789
55963Pine Island, MN 5596320.3 mi32$11,490,752$356,150$359,086
55940Hayfield, MN 5594020.9 mi5$1,597,250$319,450$319,450
55956Mazeppa, MN 5595623.2 mi4$2,174,900$543,725$543,725

Frequently Asked Questions

How many homes are for sale in ROCHESTER, MN 55904?

As of March 2026, there are 80 active listings in ROCHESTER, MN (zip code 55904), compared to 78 the prior year.

What is the median home price in ROCHESTER, MN 55904?

The median listing price in ROCHESTER, MN 55904 is $335,850 as of March 2026, a 19.1% decrease from $414,900 the prior year.

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

Homes in ROCHESTER, MN 55904 spend an average of 31 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in ROCHESTER, MN 55904?

Based on current inventory and days-on-market data as of March 2026, ROCHESTER, MN 55904 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 31 days on market compared to 28 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 55904 save an estimated $6,717 compared to a typical 5% commission on the median listing price of $335,850. 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.