Rochester, MN Home Values (2026)

In the Rochester real estate market, the median home is worth about $366,000 (~$208/sq ft) — 26% more expensive than the typical U.S. home. Below: average prices by home size, what it costs to live here, and a free estimator for your own address.

$366,000
Median home value
$208
Median price / sq ft
4
ZIP code areas
+26%
vs U.S. median

Thinking of moving to Rochester?

Here’s what the numbers say about housing costs in Rochester. A typical home runs about $366,000, which is 26% more expensive than the national median and 22% more expensive than the Minnesota average. At roughly $208 per square foot, a median budget here buys you around 1,760 sq ft of home.

Prices swing a lot by neighborhood: across Rochester’s 4 ZIP codes, the most affordable is 55904 (~$296,000) and the priciest is 55902 (~$477,000) — roughly a 1.6× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.

Rochester home value by size

Using the local rate of about $208 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.

Home sizeEstimated value
1,000 sq ft$208,000
1,500 sq ft$312,000
2,000 sq ft$416,000
2,500 sq ft$520,000
3,000 sq ft$624,000

Living in Rochester: what to know before you move

Home prices tell you what it costs to buy in Rochester, but daily life depends on much more. On housing alone, a typical home here runs $366,000 (~$208/sq ft), 26% more expensive than the national median — making Rochester about average to buy in. That’s usually the biggest line in a household budget, but it’s only part of the picture. Here’s where to research the things home values don’t capture:

We specialize in housing data; the links above go to independent sources so you can verify schools, safety, and cost of living for yourself — the details that matter most when you’re choosing where to live.

Estimate your specific home in Rochester

Enter your ZIP and size for an instant estimate tailored to your exact area:

Rochester home prices: frequently asked

How much does a home cost in Rochester, MN? +
The typical home in Rochester is worth about $366,000 as of 2026. Prices range widely by neighborhood — from roughly $296,000 in its most affordable ZIP code (55904) to about $477,000 in the priciest (55902).
Is Rochester expensive to live in? +
By home prices, Rochester is 26% more expensive than the U.S. median of $290,000 and 22% more expensive than the Minnesota average, which makes it about average for housing nationally.
What is the price per square foot in Rochester? +
About $208 per square foot. At that rate a 2,000 sq ft home runs roughly $416,000, and a 1,200 sq ft condo around $249,600.
How much is a 2,000 sq ft house in Rochester? +
Around $416,000 at the local rate of $208/sq ft, before adjusting for condition, lot, and exact location. Use the estimator above for your specific ZIP code.

Grow your home’s value in Rochester

Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Rochester stacks up against other Minnesota cities on the Minnesota home values page, or browse the full U.S. directory.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.

Nearby cities

Home prices in cities near Rochester: