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ROCHESTER, MN 55906

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

Market Analysis

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

The ROCHESTER, MN real estate market (55906) currently shows 115 active listings, with 49 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are selling faster, averaging 28 days on market compared to 36 days last year.

The median listing price has risen 9.3% year-over-year, from $471,250 to $514,975.

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: 20,023  ·  Density: 125.7/mi²  ·  Median household income: $99,731

Typical home value: $330,354  ·  Homeownership: 75.5%

Market Overview

Active Listings
115
⇧ 18.6% vs 97 last year
Pending
49
43% pending ratio
Median Price
$514,975
⇧ 9.3% vs $471,250 last year
Average Price
$524,640
⇩ 2.8% vs $539,627 last year
Days on Market
28
⇩ 22.2% vs 36 days last year

Price Per Square Foot

Median $/sqft
$209
⇩ 7.5% vs $226/sqft last year
Median Home Size
2,530 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 115 this year vs 97 last year
  • Days on market: 28 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $514,975 (+9.3% YoY)
  • Average: $524,640 (-2.8% 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 23.8 miles — 244 listings ($122,977,629 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55906Rochester, MN 559060.0 mi71$36,405,818$363,725$512,758
55932Elgin, MN 559325.4 mi8$2,636,560$353,725$329,570
55934Eyota, MN 559349.8 mi17$6,025,174$314,900$354,422
55991Zumbro Falls, MN 5599110.5 mi1$599,900$599,900$599,900
55920Byron, MN 5592012.7 mi55$32,911,120$478,800$598,384
55956Mazeppa, MN 5595613.8 mi4$2,174,900$543,725$543,725
55929Dover, MN 5592915.6 mi2$900,000$450,000$450,000
55976Stewartville, MN 5597617.3 mi20$10,511,260$448,700$525,563
55972Saint Charles, MN 5597219.1 mi6$2,983,170$571,225$497,195
55041Lake City, MN 5504120.3 mi23$11,346,176$459,900$493,312
55923Chatfield, MN 5592320.9 mi14$8,229,816$499,500$587,844
55967Racine, MN 5596722.4 mi2$919,800$459,900$459,900
55981Wabasha, MN 5598123.8 mi21$7,333,935$349,000$349,235

Frequently Asked Questions

How many homes are for sale in ROCHESTER, MN 55906?

As of April 2026, there are 115 active listings in ROCHESTER, MN (zip code 55906), compared to 97 the prior year.

What is the median home price in ROCHESTER, MN 55906?

The median listing price in ROCHESTER, MN 55906 is $514,975 as of April 2026, a 9.3% increase from $471,250 the prior year.

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

Homes in ROCHESTER, MN 55906 spend an average of 28 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in ROCHESTER, MN 55906?

Based on current inventory and days-on-market data as of April 2026, ROCHESTER, MN 55906 is currently a Balanced Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are selling faster, averaging 28 days on market compared to 36 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 55906 save an estimated $10,300 compared to a typical 5% commission on the median listing price of $514,975. 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.