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All market snapshots / 55904

Rochester, MN 55904 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Rochester, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 3333PendingPending sales: 33
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): $335k$335kSoldMedian sold price (last 6 months): $300k$300k
What homes actually sell for in Rochester, MN
Distribution of 215 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $375k
$150k to $204k: 15 sales$150k$204k to $257k: 41 sales$257k to $311k: 49 sales49sales$257k$311k to $364k: 42 sales$364k to $418k: 14 sales$364k$418k to $472k: 15 sales$472k to $525k: 10 sales$472k$525k to $579k: 8 salesMedian $300k

What the numbers say

As of September 14, 2026, Resideline is tracking 33 active listings and 3 pending sales in ZIP code 55904. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $335,000, while the median of the 215 closed sales Resideline tracked over the last six months was $300,000. 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 55904 for 47 days.

Frequently asked questions

What is the median home price in 55904?

The median closed sale price in Rochester, MN 55904 was $300,000 over the last six months, based on 215 closed sales tracked by Resideline. The middle half of those sales ranged from $249,900 to $374,900.

Is 55904 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 33 active listings in 55904, a pending-to-active ratio of 0.09. 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, 55904 currently looks like a balanced market.

Nearby ZIP code market data

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