Rochester, Minnesota Homes & Real Estate
Find the newest Rochester homes for sale & real estate listings in Olmsted County below! The city of Rochester, Minnesota is the seat of Olmsted County. Located about 85 miles south of Minneapolis, Rochester is home to about 112,000 residents. Highways 52 and 63 are the main roadways through the city, both of which connect with I-90 just outside town limits. Rochester International Airport, located in the southern tip of the city, is served by two commercial airlines. Rochester uses zip codes 55901 through 55904 and 55906. For further information regarding Rochester properties for sale or to schedule a private home showing, contact your Minnesota real estate experts today! Read more about Rochester real estate.
Buying or selling a home in Rochester soon? Call Kris Lindahl Real Estate, Official Partner of the Minnesota Wild at (507) 400-7653. Our community of Olmsted County real estate agents will help you navigate the Rochester housing market.
Rochester Housing Market
The median price of homes for sale in Rochester is in the low $200s, up about eight percent from last year. Approximately 70 percent of residents are homeowners, and the average rent cost for the city is around $800 per month.
Single family homes make up most of the market, and prospective homeowners can find this property type starting at about $100,000. Median-priced homes typically have three to four bedrooms and just under 2,000 square feet of living space. At the high end of the market, homes priced from the $800s feature four to six bedrooms and more than 4,000 square feet on lots of one acre or more.
About 20 percent of the homes for sale in Rochester are more than 50 years old. Architectural styles include colonial, farmhouse, mid-century, ranch, and contemporary.
For homebuyers seeking new construction and custom-built real estate, Med-City Builders is active throughout Rochester with home prices from the mid $300s to the $2 millions. Neighborhoods include Cambridge Hills, Shannon Oaks, Hart Farm South, Ridgeview Manor, and Mayo Woodlands.
Rochester Community Amenities
Rochester has received a host of accolades from various publications within the last decade, including Golf Digest and US News and World Report. Superlatives include ranking in the top five best golf markets in the Midwest, top 10 best places to grow up, and top 10 best places for job-seeking retirees.
Mayo Clinic is Rochester’s largest employer by far, providing more than 32,000 jobs to the region. Other major employers include Rochester Public Schools, IBM, and Olmsted Medical Center. Agriculture is also a mainstay of the economy; Seneca Foods, Kemps, and Kerry Group have processing plants in the city. The median household income for Rochester is about $58,000 per year, and the unemployment rate for the city is below both state and national averages.
Outdoor recreation is a significant part of life in Rochester. The city maintains more than 100 parks and recreational facilities and 85 miles of multi-use trails. Rochester has several well-rated golf facilities, including Eastwood Golf Course, Northern Hills Golf Course, and Rochester Golf and Country Club.
Apache Mall, anchored by JCPenney and Macy’s, offers dozens of specialty shops, service locations, and restaurants. Other commercial areas in Rochester, including Third Street and Shops at University Square, showcase both local retailers and national chains.
Rochester Neighborhood Highlights
- Mayo Civic Center hosts sporting events, concerts, shows, and other functions
- Local and national exhibits at Rochester Art Center
- Plummer House historic site and botanical gardens
- Renowned golf destination
- Variety of shopping opportunities
Rochester offers excellent amenities and a cost of living that’s eight percent lower than the national average. Now is an ideal time to buy a home in this fast-growing Minnesota city.
Rochester Area Schools
Children of local residents attend Rochester Public Schools. The school system has a total of 23 elementary and middle schools and three high schools. Two Rochester schools, Washington Elementary and Friedell Middle, receive perfect 10 of 10 scores from the school ranking website GreatSchools.org, while Century High School receives an excellent score of nine out of 10. There are several private and parochial schools serving Rochester as well.
For higher education, the city is home to the University of Minnesota Rochester, Rochester Community and Technical College, a campus of Winona State University, and Crossroads College.
Rochester Real Estate Agents
Thinking about the purchase of real estate in Rochester MN? Let our local real estate professionals guide you through the purchase of your next Rochester property or expertly negotiate the sale of your current residence. As local real estate agents, we’re experts on the dynamics unique to the Minnesota real estate market. We’ll get to work for you today!
Contact Kris Lindahl Real Estate, Official Partner of the Minnesota Wild to learn more about buyer or seller representation. Planning to sell your Rochester, MN property? Check out our free home valuation, where you can uncover the value of your Rochester residence in moments!
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