1

Folwell Home for Sale

Section Image
  • /52

    $239,000

    • 3 Beds
    • 1.5 Baths
    • 1,930 Sq Ft

    956 14th Ave SW, Rochester, MN 55902

    Charming Fixer-Upper with Huge Upside – Perfect for Investors or DIY Buyers! Bring your vision and unlock the full potential of this classic mid-century home. Set on a mature, tree-shaded lot with plenty of privacy, this property is ideal for investors, rehabbers, or anyone looking for a value-add opportunity only a short walk away from Mayo Clinic Hospital - Saint Marys Campus, restaurants, city

    Adam Howell Coldwell Banker Realty

    956 14th Ave SW, Rochester, MN 55902

Why Live in Folwell

Folwell, a neighborhood in Rochester, Minnesota, is closely tied to the Mayo Clinic, with its St. Mary's campus occupying much of the area. The neighborhood features homes from the early to mid-20th century, including Tudor-inspired cottages, bungalows, Colonial Revivals and Cape Cods. Residents enjoy a mix of single-family homes and multi-story apartment complexes like The Berkman, which offers short-term units for hospital patients and their families. Folwell Elementary and Mayo High School are highly rated, providing quality education options for families. Folwell offers various things to do, such as dining at local favorites like Canadian Honker and Tinn's on 2nd Street. The Miracle Mile Shopping Mall, with Fresh Thyme Market and Don Panchos Bakery, caters to daily needs. Also nearby are St. Mary's Park, Kutzky Park and Cascade Lake, which has a beach and playground. Soldiers Memorial Field Golf Course has more recreational opportunities, including a seasonal outdoor skating rink and swimming pool. The neighborhood is well-connected, with public buses and a shuttle service to Mayo Clinic campuses, and Rochester International Airport is just 9 miles away. Downtown Rochester, with its concert venues, art exhibits and festivals, is just over a mile east, offering additional entertainment and cultural experiences.

Frequently Asked Questions

Is Folwell a good place to live?
Folwell is a good place to live. Folwell is considered somewhat walkable and very bikeable. Folwell has 3 parks for recreational activities. It has a median age of 42. The average household income is $205,607 which is above the national average. College graduates make up 81.2% of residents. A majority of residents in Folwell are home owners, with 16.2% of residents renting and 83.8% of residents owning their home. A local real estate agent serving Folwell can help you decide if this neighborhood is the right one for you. Learn more on our Folwell neighborhood guide.
Is Folwell, MN a safe neighborhood?
Folwell, MN is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Folwell?
The median home price in Folwell is $330,000. If you put a 20% down payment of $66,000 and had a 30-year fixed mortgage with an interest rate of 6.09%, your estimated principal and interest payment would be $1,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in Folwell. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Folwell is $206K.
What are the best public schools in Folwell?
The best public schools that serve Folwell are:
What are the best private schools in Folwell?
The best private schools that serve Folwell are:
What are the most popular zip codes in Folwell, Rochester, MN?
The most popular zip codes in Folwell, Rochester, MN include 55902, 55901, 55904, 55906 and 55920.
What are the most popular neighborhoods near Folwell, Rochester, MN?
The most popular neighborhoods near Folwell, Rochester, MN are Folwell Drive, Historic Southwest, Kutzky Park, Foxcroft and Baihly Meadows.
Are home prices dropping in Folwell?
Yes, home prices in Folwell are down 23% in the last 12 months.

Home Trends in Folwell, MN

Housing Trends

Median Sale Price
$343,750
Median Single Family Sale Price
$330,000
Average Price Per Sq Ft
$150
Number of Homes for Sale
1
Last 12 months Home Sales
4
Months of Supply
3.00
Median List Price
$330,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-19%
How to Buy a Home How to Finance a Home How to Sell a Home