Rochester, MN metro area Housing Market
Warm MarketComprehensive housing market data for the Rochester, MN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$322K
↑ 2.2% YoY
Days on Market
29 days
↓ 19.4% YoY
Active Inventory
541
– 0.0% YoY
Homes Sold
207
↑ 11.9% YoY
Warm Market
The market is active with moderate buyer demand.
Rochester, MN metro area Market Summary
The Rochester, MN metro area housing market is heating up. As of March 2026, the median home sale price is $322K, up 2.2% year-over-year. Homes are spending a median of 29 days on the market, 19.4% shorter than a year ago.
There are 541 homes for sale — 0.0% fewer than last year. With 2.6 months of supply, this is a seller's market. 378 new listings were added during this period, down 8.3% year-over-year.
Homes are selling for 99.1% of their list price on average, suggesting room for negotiation. 36.2% of homes sell above their asking price. 23.7% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
53
Contributing Factors
How This Market Compares
vs. National Median
vs. Minnesota Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 26% below the national median, which could indicate stronger cash flow potential.
Rochester, MN metro area Market Trends
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Detailed Market Metrics
Median List Price
$377K
Price per Sq Ft
$175
Sale-to-List Ratio
99.1%
Months of Supply
2.6
Sold Above List
36.2%
Price Drops
23.7%
New Listings
378
↓ 8.3% YoY
Pending Sales
322
Off Market in 2 Weeks
58.7%
Other Markets in Minnesota
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$380K · 35d on market
St. Cloud, MN metro area
$300K · 57d on market
Brainerd, MN metro area
$342K · 95d on market
Faribault, MN metro area
$329K · 55d on market
Red Wing, MN metro area
$275K · 75d on market
Fergus Falls, MN metro area
$325K · 108d on market
Willmar, MN metro area
$289K · 51d on market
Owatonna, MN metro area
$270K · 80d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.