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Rochester Market Report

$386,485

AVERAGE PRICE OF 505 HOMES

$172,200

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,392,417

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$484,335

AVERAGE PRICE OF 160 NEWLY BUILT HOMES

$193,900

AVERAGE PRICE OF 10 HOMES WITH A POOL

$439,210

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $386,485
Avg Bedrooms 3.58 beds
Avg Bathrooms 2.77 baths

Average Price by Bedrooms

1 bedroom $191,560
2 bedrooms $252,910
3 bedrooms $293,924
4 bedrooms $393,993
5 bedrooms $584,307
Rochester Home Price Trends
  1/2020 12/2019 11/2019 10/2019 9/2019
Total Listings 426 492 579 601 626
Average Price $387,865 $373,935 $365,299 $366,087 $366,964
Avg Price Change +3.73% +2.36% -0.22% -0.24% +0.43%
Median Price $325,957 $310,368 $298,803 $299,617 $303,746
Med Price Change +5.02% +3.87% -0.27% -1.38% -1.02%
Avg Bedrooms 3.59 beds 3.55 beds 3.6 beds 3.64 beds 3.61 beds
Avg Bathrooms 2.77 baths 2.72 baths 2.71 baths 2.74 baths 2.73 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Century 130 $360,705 86 days
John Marshall 169 $292,083 93 days
Mayo 204 $478,488 102 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 505 $386,485 95 days
Distressed Homes 6 $172,200 54 days
Multi-Million Dollar Homes 12 $1,392,417 180 days
Newly Built Homes 160 $484,335 158 days
Homes with a Pool 10 $193,900 53 days
Reduced Price Homes 10 $439,210 80 days
Gwaltney Group of RE/MAX Results
Robin Gwaltney
4123 26th St. NW
Rochester, MN 55901
507-259-4926

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Gwaltney Group of RE/MAX Results are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.” Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.” Copyright2020Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Data last updated February 26, 2020