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ROCHESTER, MN 55902

Real Estate Market Report  ·  Olmsted County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The ROCHESTER, MN real estate market (55902) currently shows 138 active listings, with 47 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 73 days on market compared to 104 days last year.

The median listing price has risen 10.5% year-over-year, from $764,900 to $845,000.

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: 26,047  ·  Density: 244.4/mi²  ·  Median household income: $107,017

Typical home value: $390,270  ·  Homeownership: 71.4%

Market Overview

Active Listings
138
⇩ 5.5% vs 146 last year
Pending
47
34% pending ratio
Median Price
$845,000
⇧ 10.5% vs $764,900 last year
Average Price
$970,986
⇧ 7.7% vs $901,900 last year
Days on Market
73
⇩ 29.8% vs 104 days last year

Price Per Square Foot

Median $/sqft
$245
⇧ 7.5% vs $228/sqft last year
Median Home Size
3,268 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 138 this year vs 146 last year
  • Days on market: 73 now vs 104 last year

Median & Average Pricing

Year over Year
  • Median: $845,000 (+10.5% YoY)
  • Average: $970,986 (+7.7% 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 22.7 miles — 426 listings ($266,695,655 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55902Rochester, MN 559020.0 mi131$126,405,306$812,000$964,926
55920Byron, MN 559206.1 mi38$23,354,838$527,400$614,601
55901Rochester, MN 559017.6 mi143$60,855,080$357,500$425,560
55906Rochester, MN 5590611.2 mi71$36,310,110$362,450$511,410
55960Oronoco, MN 5596012.1 mi8$4,531,288$485,000$566,411
55955Mantorville, MN 5595514.1 mi3$1,401,975$452,450$467,325
55932Elgin, MN 5593215.9 mi5$1,933,900$395,000$386,780
55936Grand Meadow, MN 5593618.1 mi5$1,699,500$284,900$339,900
55927Dodge Center, MN 5592718.3 mi10$3,993,090$325,000$399,309
55929Dover, MN 5592918.5 mi1$335,000$335,000$335,000
55990Wykoff, MN 5599020.9 mi4$1,826,668$335,000$456,667
55956Mazeppa, MN 5595621.9 mi5$3,625,000$725,000$725,000
55918Brownsdale, MN 5591822.7 mi2$423,900$211,950$211,950

Frequently Asked Questions

How many homes are for sale in ROCHESTER, MN 55902?

As of February 2026, there are 138 active listings in ROCHESTER, MN (zip code 55902), compared to 146 the prior year.

What is the median home price in ROCHESTER, MN 55902?

The median listing price in ROCHESTER, MN 55902 is $845,000 as of February 2026, a 10.5% increase from $764,900 the prior year.

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

Homes in ROCHESTER, MN 55902 spend an average of 73 days on the market before going under contract, compared to 104 days the prior year.

Is it a seller's or buyer's market in ROCHESTER, MN 55902?

Based on current inventory and days-on-market data as of February 2026, ROCHESTER, MN 55902 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 73 days on market compared to 104 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 55902 save an estimated $16,900 compared to a typical 5% commission on the median listing price of $845,000. 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.