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Condo Foreclosures in Rochester, MN

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Rochester, MN Foreclosures

How much do homes sell for in Rochester, MN?
The average home price is currently $387,021.
In Rochester, MN, how many homes are available?
There are currently 4 active home listings available in Rochester.
What’s the average rental cost in Rochester, MN?
The average rental price in Rochester is $1,702.
What is the most expensive home in Rochester?
The most expensive home sold in Rochester had a price of $57,840,500.
What is currently the cheapest priced home in Rochester, MN?
The cheapest home for sale in Rochester is priced at $12,934.

Living in Rochester, MN

Rochester is a vibrant city known for its exceptional quality of life and thriving economy, driven by its association with the world-renowned Mayo Clinic. With a strong focus on community and an abundance of parks and recreational facilities, residents enjoy a diverse range of outdoor activities. The city also boasts a growing arts scene, excellent schools, and a welcoming atmosphere, making it a perfect place for families and individuals alike.

Current Market Conditions in Rochester, MN

The Rochester real estate market continues to show strong demand, driven by its robust economy linked with healthcare sectors. More families are moving to the area, attracted by the quality of life and excellent educational opportunities, causing home prices to steadily rise in the past few months.

Home Value Estimator For Rochester, MN

There are currently 44,173 real estate properties in Rochester, MN, with a median automated valuation model (AVM) price of $326,405.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rochester, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rochester, MN, is $387,021.00, with the most expensive house in Rochester, MN, topping out at $57,840,500.00 and the cheapest home in Rochester, MN, clocking in at $12,934.00. In other words, there’s something for every potential homebuyer or savvy investor in Rochester, MN!

Rent Prices In Rochester, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rochester, MN, is on a rollercoaster ride. The average rent price in Rochester, MN, is $1,702.00. Indeed, when looking to rent in Rochester, MN, you can expect to pay as little as $630.00 or as much as $4,600.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Rochester, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Rochester, MN Condos

Market Trend for Rochester, MN

Total Listings Available: 4

Market Values:

Home Prices from $12,934 to $57,840,500

Average Sales Price: $387,021

Rental Values:

Rental from $630 to $4,600

Average Rent Value: $1,702 / month

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