$274,900
- 3 Beds
- 3 Baths
- 2,039 Sq Ft
20 11th Ave NE, Rochester, MN 55906
John Buckingham Keller Williams Premier Realty
$274,900
20 11th Ave NE, Rochester, MN 55906
John Buckingham Keller Williams Premier Realty
$325,000 Open Sun 3PM - 4PM
2809 Northern Valley Dr NE, Rochester, MN 55906
Ronnie Sokotoff Dwell Realty Group LLC
$239,900
207 14th St NE, Rochester, MN 55906
Eric Ruud Top Notch Properties & Realty Services
$290,000
24 10th St NW, Rochester, MN 55901
Matt Gove Realty Growth Inc.
$279,900 Open Sun 11AM - 2PM
1924 Greenfield Ln SW Unit 201, Rochester, MN 55902
Rick Witt Homes Plus Realty
$220,000
620 3rd Ave SE, Rochester, MN 55904
Mercedes Castillo eXp Realty
$259,900
606 11th St SE, Rochester, MN 55904
Travis Brevig Re/Max Results
$234,900
306 10th Ave NE, Rochester, MN 55906
Alex Brainard Harbor Realty & Management Group LLC
$359,900
926 2nd St NW, Rochester, MN 55901
Travis Brevig Re/Max Results
$329,900 Coming Soon
4526 Prairie View Place NW, Rochester, MN 55901
Therese Dutton Edina Realty, Inc.
Rochester's identity centers on the world-renowned Mayo Clinic campus, which brings a diverse international population and cutting-edge medical innovation to this mid-sized Minnesota city. Residents enjoy four distinct seasons with 85 miles of paved trails, including the Douglas State Trail connecting to neighboring towns. The downtown area features the Mayo Civic Center for concerts and shows, while Quarry Hill Nature Center provides hiking trails and cave exploration. Silver Lake Park attracts visitors with paddle boat rentals and walking paths, while the Rochester Art Center hosts contemporary exhibits and workshops.
The housing market includes homes ranging from $177,000 to $1.76 million, with a median sale price of $335,500. Single-family homes in Historic Southwest command a median price of $509,900, while Kutzky Park homes have a median price of $402,700. Downtown Rochester single-family homes have a median price of $282,500. Townhomes across the city have a median price of $305,700.
Rochester maintains competitive tax rates with an effective property tax rate of 1.09% in Olmsted County. The combined sales tax rate is 8.12%. A family with school-age children needs approximately $107,000 annually to live comfortably, while renters should aim for $65,000. Housing costs run about $2,400 monthly for homeowners and $2,700 for renters.
The city's educational options include Mayo Senior High School and Century Senior High School, both rated A-minus by Niche. Private schools like Rochester Arts & Sciences Academy earned an A-plus rating. The University of Minnesota Rochester and Mayo Medical School add to the educational landscape. Rochester Public Transit provides regular bus service, complemented by downtown's skyway and underground pedestrian system. The Rochester International Airport connects to major hubs including Minneapolis-St. Paul, Chicago, and Atlanta.
On average, homes in Rochester, MN sell after 68 days on the market compared to the national average of 70 days. The median sale price for homes in Rochester, MN over the last 12 months is $395,000, down 9% from the median home sale price over the previous 12 months.
In Rochester, there are currently 10 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $220,000 to $359,900, there's a range to accomodate every budget. As of August, 2025 the median home price in Rochester is $429,900, while the average sale price is $483,026, offering insights into the local housing market. On average, multi-family homes spend 68 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Rochester, MN.