Why Live in Folwell Drive
Folwell Drive in Rochester, Minnesota, is a well-established neighborhood known for its proximity to the Mayo Clinic St. Mary’s Campus, making it convenient for medical personnel. The area features larger, family-oriented homes with three or more bedrooms on spacious lots, predominantly built in the 1960s through the 1980s, including ranch, split-level, and Colonial-inspired styles. Newer traditional homes with prominent gables are also present. Folwell Drive is within walking distance to the highly rated Folwell Elementary and a short drive to Mayo High School, both of which have strong academic reputations. The neighborhood offers a suburban feel with tree-lined streets and driveway basketball hoops, providing a respite from the nearby bustling medical campus. Local attractions include the Plummer House museum and event venue, Baihly Heights Tot Lot, and Younge Park. Dining options are plentiful, with favorites like Canadian Honker, Tinns Grilled Philly Steak Sub, and Red Cow. For nightlife, Thesis Beer Project and Beetle’s Bar and Grill offer live music and local brews. Grocery shopping is convenient with Fresh Thyme Market, Trader Joe’s, and Hy-Vee nearby. Folwell Drive is safer than the national average, and residents enjoy access to approximately 85 miles of paved trails throughout Rochester. The neighborhood is about 1.5 miles from St. Mary’s and just over 2 miles from the Mayo Clinic’s Methodist Campus, with public transportation and biking being popular commuting options. The Rochester International Airport is located 10 miles south, providing direct flights to major cities.
Frequently Asked Questions
Is Folwell Drive a good place to live?
Folwell Drive is a good place to live. Folwell Drive is considered car-dependent and bikeable. Folwell Drive has 2 parks for recreational activities. It has a median age of 43. The average household income is $144,013 which is above the national average. College graduates make up 71.3% of residents. A majority of residents in Folwell Drive are home owners, with 27.1% of residents renting and 72.9% of residents owning their home. A
local real estate agent serving Folwell Drive can help you decide if this neighborhood is the right one for you. Learn more on our
Folwell Drive neighborhood guide.
How much do you need to make to afford a house in Folwell Drive?
The median home price in Folwell Drive is $460,000. If you put a 20% down payment of $92,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $2,290 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K a year to afford the median home price in Folwell Drive. The average household income in Folwell Drive is $144K.
What are the best public schools in Folwell Drive?
The best public schools that serve Folwell Drive are:
What are the best private schools in Folwell Drive?
The best private schools that serve Folwell Drive are:
What are the most popular zip codes in Folwell Drive, Rochester, MN?
What are the most popular neighborhoods near Folwell Drive, Rochester, MN?
Home Trends in Folwell Drive, MN
On average, homes in Folwell Drive, Rochester sell after 21 days on the market compared to the national average of 52 days. The median sale price for homes in Folwell Drive, Rochester over the last 12 months is $574,950, up 27% from the median home sale price over the previous 12 months.
Median Sale Price
$574,950
Median Single Family Sale Price
$460,000
Average Price Per Sq Ft
$168
Number of Homes for Sale
5
Last 12 months Home Sales
6
Median List Price
$460,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
27%