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Median Home Price in Rochester, MN

The median home value in Rochester, MN is $347,877 as of 2026-07-31, up 3.87% from a year earlier.

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Median Home Value

$347,877

Year-over-Year

+3.87%

Population

122,694

Rochester ranks #62 of 112 Minnesota cities tracked here by median home value, and sits 2.3% below the state's city median of $355,920. It sits in Olmsted County, where the county-wide median is $356,492.

Housing affordability in Rochester

Median household income in Rochester is $89,389, so the typical home value is about 3.9× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Rochester

Rochester police recorded a violent crime rate of 154 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,368 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Rochester

What is the average home price in Rochester, MN?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Rochester, that value is $347,877. That's up 3.87% from a year earlier. It is about 2.3% below the typical Minnesota city tracked here.

Is Rochester expensive compared to the surrounding area?

Homes in Rochester are cheaper than Olmsted County as a whole, where the median is $356,492 — a difference of about 2.4%.

Is Rochester affordable?

Median household income here is $89,389, so the typical home value is about 3.9× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Rochester a safe place to live?

Rochester police reported 154 violent crimes per 100,000 residents, covering a population of about 122,694. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in MN

Brooklyn Park · Richfield · Maplewood · Mounds View · Sartell · Hopkins · Anoka · Minneapolis