Olmsted County, MN Average Home Price (2026)
The average home price in Olmsted County, Minnesota is about $361,000 (the 2026 median across 10 ZIP codes, at ~$197/sq ft) — 22% more expensive than the Minnesota median and 25% more expensive than the typical U.S. home.
How Olmsted County compares
Olmsted County is about average for housing nationally: its typical home costs $361,000 against $297,000 for Minnesota and $289,000 for the U.S. Within the county, ZIP-level values run from about $291,000 to $548,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Olmsted County | $361,000 | $197 |
| Minnesota | $297,000 | $188 |
| United States | $289,000 | $193 |
Cities in Olmsted County
Cities with their own home-value page, largest first:
Olmsted County home prices by ZIP code
The 10 most valuable ZIP codes in Olmsted County (of 10 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 55960 Oronoco | $548,000 | $233 | +52% |
| 55902 Rochester | $469,000 | $213 | +30% |
| 55920 Byron | $402,000 | $207 | +11% |
| 55906 Rochester | $396,000 | $194 | +10% |
| 55932 Elgin | $361,000 | $195 | +0% |
| 55934 Eyota | $361,000 | $222 | +0% |
| 55929 Dover | $358,000 | $187 | -1% |
| 55976 Stewartville | $334,000 | $198 | -7% |
| 55901 Rochester | $325,000 | $180 | -10% |
| 55904 Rochester | $291,000 | $188 | -19% |
Home value appreciation in Olmsted County
Home prices in Olmsted County have risen about 80% over the last 10 years (≈6.1% a year) and +82.0% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +2.5% — still rising. A home worth $361,000 today was worth roughly $200,222 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Minnesota is +71.4% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Olmsted County
Run the numbers for Olmsted County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Olmsted County
To buy the typical $361,000 home in Olmsted County with 20% down, you need a household income of roughly $98,000 a year (about $2,290 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $117,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $18,100 | $2,850/mo | $122,000/yr |
| 10% (+PMI) | $36,100 | $2,720/mo | $117,000/yr |
| 20% | $72,200 | $2,290/mo | $98,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Olmsted County
At about $197 per square foot, here is roughly how much home different budgets get you in Olmsted County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 1020 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1270 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1520 sq ft | around the typical home here |
| $400k | 2030 sq ft | around the typical home here |
| $500k | 2540 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Minnesota.
Estimate a specific home in Olmsted County
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Olmsted County home prices: frequently asked
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Browse all Minnesota cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.