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Rochester, MN housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $181 $186 $199 $199 9% 2.8% 7% 0%
Active Listing Count 359 432 445 591 18.5% 20.3% 3% 32.8%
Median Days on Market 73 69 72 51 25.9% -5.5% 4.3% -29.2%
Share of listings with price increase 0.4% 0.3% 0.4% 0.4%
Share of listings with price decrease 12.7% 12.7% 13.6% 14.2%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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