View Rochester, MN homes for sale with the experienced real estate expert Jake Huglen.
The Rochester housing market is moderately competitive. Last month, the median home price reached $335,000, marking a 13.6% increase compared to the same time last year. Meanwhile, the median price per square foot held steady at $177, showing no year-over-year change. This suggests that while overall home values are rising, price growth is being driven more by larger or higher-end properties rather than increases in per-square-foot value.
Median Sale Price
Sale Price per Sq. Ft.
Total Homes Sold
Days on The Market
In February 2025, the median home price in Rochester rose to $335,000, reflecting a 13.6% year-over-year increase—indicating strong appreciation in property values. Homes are also selling slightly faster, averaging 36 days on the market compared to 39 days during the same period last year. While buyer interest remains steady, the number of homes sold dipped to 102 from 113 the previous February, suggesting a tightening inventory. Overall, the market remains active and price-driven, with limited supply helping to sustain upward momentum in home values.
Rochester remains a somewhat competitive housing market, with homes typically selling in just 19 days. While not every listing sparks a bidding war, some properties do receive multiple offers—especially those that are well-priced and move-in ready. On average, homes sell for around the list price and go pending within 19 days. Highly desirable properties, particularly those in sought-after neighborhoods or with recent updates, can sell for about 2% above asking and go under contract in as little as 7 days. Buyers should be prepared to act quickly, especially on homes that are priced right and well-presented.
As of March 2025, Rochester, MN is considered a buyer’s market, meaning there are more homes available than there are buyers actively looking. This creates favorable conditions for buyers, who may have more negotiating power, a wider selection of properties, and greater flexibility on terms. While well-priced homes can still move quickly, the overall market pace allows buyers to make more deliberate decisions and potentially secure better value compared to more competitive market environments.
Contact Jake today to schedule a private showing or get detailed insights tailored to your needs. Whether you're moving for work, upgrading your lifestyle, or investing in one of Minnesota’s fastest-growing markets, Jake will help you find the right property with clarity and confidence.
Whether you're curious about the Rochester real estate market or ready to take the next step toward owning a property, we're here to help! With our local expertise and personalized approach, we can guide you through the entire process. Contact us now to start your journey in finding the perfect home in Rochester, MN!
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I'm a full-time third generation Real Estate Agent operating out of the Rochester Coldwell Banker Realty with my wife Jessica Huglen, father Tim Huglen, and brother Josh Huglen. We strive to always act in our clients' best interests above everything else, and act with integrity in everything we do. Our core values include building trust, providing education, and delivering consistent communication throughout the real estate transaction.