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Rochester, MN 55902 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Rochester, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.18
ActiveActive listings: 4444PendingPending sales: 88
Rochester, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $600k$600kSoldMedian sold price (last 6 months): $595k$595k
What homes actually sell for in Rochester, MN
Distribution of 273 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $370k to $887k
$185k to $373k: 56 sales$185k$373k to $561k: 59 sales59sales$561k to $749k: 44 sales$561k$749k to $938k: 40 sales$938k to $1.13M: 18 sales$938k$1.13M to $1.31M: 14 sales$1.31M to $1.5M: 12 sales$1.31M$1.5M to $1.69M: 3 salesMedian $595k

What the numbers say

As of October 5, 2026, Resideline is tracking 44 active listings and 8 pending sales in ZIP code 55902. That pending-to-active ratio of 0.18 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $600,000, while the median of the 273 closed sales Resideline tracked over the last six months was $594,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55902 for 105 days.

Frequently asked questions

What is the median home price in 55902?

The median closed sale price in Rochester, MN 55902 was $594,900 over the last six months, based on 273 closed sales tracked by Resideline. The middle half of those sales ranged from $370,000 to $887,000.

Is 55902 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 44 active listings in 55902, a pending-to-active ratio of 0.18. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55902 currently looks like a balanced market.

Nearby ZIP code market data

Full Rochester, MN housing market report →

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