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ROCHESTER, MN 55906

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

Market Analysis

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

The ROCHESTER, MN real estate market (55906) currently shows 71 active listings, with 24 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 99 days on market compared to 90 days last year.

The median listing price has fallen 34% year-over-year, from $550,970 to $363,725.

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: 20,023  ·  Density: 125.7/mi²  ·  Median household income: $99,731

Typical home value: $330,354  ·  Homeownership: 75.5%

Market Overview

Active Listings
71
⇧ 7.6% vs 66 last year
Pending
24
34% pending ratio
Median Price
$363,725
⇩ 34% vs $550,970 last year
Average Price
$512,758
⇩ 12.5% vs $586,238 last year
Days on Market
99
⇧ 10% vs 90 days last year

Price Per Square Foot

Median $/sqft
$271
⇧ 28.4% vs $211/sqft last year
Median Home Size
1,907 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 66 last year
  • Days on market: 99 now vs 90 last year

Median & Average Pricing

Year over Year
  • Median: $363,725 (-34% YoY)
  • Average: $512,758 (-12.5% 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 23.5 miles — 203 listings ($84,996,819 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55906Rochester, MN 559060.0 mi71$36,310,110$362,450$511,410
55932Elgin, MN 559325.4 mi5$1,933,900$395,000$386,780
55934Eyota, MN 559349.8 mi16$5,861,184$314,900$366,324
55991Zumbro Falls, MN 5599110.5 mi1$649,900$649,900$649,900
55957Millville, MN 5595711.7 mi1$399,900$399,900$399,900
55964Plainview, MN 5596412.8 mi17$5,012,943$287,450$294,879
55963Pine Island, MN 5596314.1 mi31$10,575,030$325,000$341,130
55955Mantorville, MN 5595516.8 mi3$1,401,975$452,450$467,325
55944Kasson, MN 5594418.7 mi31$13,514,822$406,250$435,962
55992Zumbrota, MN 5599219.5 mi20$7,781,280$357,400$389,064
55945Kellogg, MN 5594520.4 mi1$117,125$117,125$117,125
55910Altura, MN 5591021.3 mi1$394,900$394,900$394,900
55027Goodhue, MN 5502723.5 mi5$1,043,750$208,750$208,750

Frequently Asked Questions

How many homes are for sale in ROCHESTER, MN 55906?

As of February 2026, there are 71 active listings in ROCHESTER, MN (zip code 55906), compared to 66 the prior year.

What is the median home price in ROCHESTER, MN 55906?

The median listing price in ROCHESTER, MN 55906 is $363,725 as of February 2026, a 34% decrease from $550,970 the prior year.

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

Homes in ROCHESTER, MN 55906 spend an average of 99 days on the market before going under contract, compared to 90 days the prior year.

Is it a seller's or buyer's market in ROCHESTER, MN 55906?

Based on current inventory and days-on-market data as of February 2026, ROCHESTER, MN 55906 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 99 days on market compared to 90 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 55906 save an estimated $7,275 compared to a typical 5% commission on the median listing price of $363,725. 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.