Zip 55901 (Rochester, MN) Housing

Rochester, MN is a great place to live for those looking for affordable housing. The median value of homes in the area is $275,000 which is significantly lower than the national average of $338,100. However, despite having a lower median house value, Rochester has seen a respectable appreciation rate in the last year at 6.78%, compared to 8.27% nationally. This makes housing in Rochester an attractive option for anyone looking to capitalize on increasing home values without sacrificing affordability.

The median home cost in Rochester (zip 55901) is $275,000. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Rochester (zip 55901) is up 11.4%.

Average Age of Homes

- The median age of Rochester (zip 55901) real estate is 30 years old

The Rental Market in Rochester (zip 55901)

- Renters make up 30.0% of the Rochester (zip 55901) population
- 2.3% of houses and apartments in Rochester (zip 55901), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rochester, Minnesota	United States
	24,003.0	139,647,020.0
	33	42
	$275,000	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$11.56	$10.98
	$2,712	$2,690
	61.9%	57.4%
	4.9%	11.2%
	33.2%	31.4%
Vacant Housing
	2.3%	1.9%
	0.6%	0.4%
	0.0%	0.7%
	0.2%	0.4%
	0.6%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.7%	2.4%
	0.4%	2.8%
	1.0%	3.9%
	1.5%	4.5%
	8.2%	11.3%
	22.7%	13.0%
	36.1%	20.1%
	16.9%	13.6%
	7.2%	8.3%
	3.1%	9.7%
	0.7%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	19.8%	13.6%
	19.8%	13.6%
	16.7%	13.6%
	15.1%	13.2%
	12.9%	14.8%
	16.7%	13.6%
	7.5%	10.0%
	2.2%	4.7%
	3.4%	12.2%

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