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ROCHESTER, MN 55904

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The ROCHESTER, MN real estate market (55904) currently shows 68 active listings, with 35 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 55 days on market compared to 70 days last year.

The median listing price has fallen 10.6% year-over-year, from $423,675 to $378,950.

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: 28,816  ·  Density: 185.0/mi²  ·  Median household income: $73,588

Typical home value: $219,474  ·  Homeownership: 66.4%

Market Overview

Active Listings
68
⇧ 6.3% vs 64 last year
Pending
35
51% pending ratio
Median Price
$378,950
⇩ 10.6% vs $423,675 last year
Average Price
$399,154
⇩ 6.5% vs $427,121 last year
Days on Market
55
⇩ 21.4% vs 70 days last year

Price Per Square Foot

Median $/sqft
$208
⇧ 6.1% vs $196/sqft last year
Median Home Size
1,717 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 64 last year
  • Days on market: 55 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $378,950 (-10.6% YoY)
  • Average: $399,154 (-6.5% 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 21.6 miles — 359 listings ($156,186,149 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55904Rochester, MN 559040.0 mi62$23,622,744$341,800$381,012
55934Eyota, MN 559347.2 mi16$5,861,184$314,900$366,324
55901Rochester, MN 559019.4 mi143$60,855,080$357,500$425,560
55920Byron, MN 5592011.6 mi38$23,354,838$527,400$614,601
55967Racine, MN 5596713.0 mi1$459,900$459,900$459,900
55923Chatfield, MN 5592313.3 mi14$8,419,726$434,750$601,409
55944Kasson, MN 5594416.9 mi31$13,514,822$406,250$435,962
55990Wykoff, MN 5599017.6 mi4$1,826,668$335,000$456,667
55955Mantorville, MN 5595519.1 mi3$1,401,975$452,450$467,325
55975Spring Valley, MN 5597519.8 mi9$4,027,482$312,500$447,498
55963Pine Island, MN 5596320.3 mi31$10,575,030$325,000$341,130
55940Hayfield, MN 5594020.9 mi6$1,916,700$319,450$319,450
55926Dexter, MN 5592621.6 mi1$350,000$350,000$350,000

Frequently Asked Questions

How many homes are for sale in ROCHESTER, MN 55904?

As of February 2026, there are 68 active listings in ROCHESTER, MN (zip code 55904), compared to 64 the prior year.

What is the median home price in ROCHESTER, MN 55904?

The median listing price in ROCHESTER, MN 55904 is $378,950 as of February 2026, a 10.6% decrease from $423,675 the prior year.

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

Homes in ROCHESTER, MN 55904 spend an average of 55 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in ROCHESTER, MN 55904?

Based on current inventory and days-on-market data as of February 2026, ROCHESTER, MN 55904 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 70 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 55904 save an estimated $7,579 compared to a typical 5% commission on the median listing price of $378,950. 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.