Olmsted County · Rochester · population 123,624
Where Rochester stands
At or near all-time high. home values up 4.1% in the last year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 16.9 price-to-rent ratio, Rochester is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.
How the momentum score breaks down
methodology →Rochester has held up across the cycle: home values at $344,633 with +4.4% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Rochester's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.
About Rochester
Rochester is a city in Olmsted County, Minnesota, with an estimated population of 123,624. The median home value in Rochester is $344,633 as of 2026-04, up 4.1% over the last 12 months. Over the last five years, home values have averaged +4.4% annual growth, with prices at or near the 5-year peak. Rents in Rochester average $1,695 per month, roughly flat year-over-year (+2.1%). The composite momentum score is 68 of 100 (Rising). The market is healthy with prices supported by underlying demand.
▲ Bull case
▼ Bear case
About Rochester (Wikipedia)
Rochester is a city in and the county seat of Olmsted County, Minnesota, United States. It is located along rolling bluffs on the Zumbro River's south fork in Southeast Minnesota. The population was 121,395 at the 2020 census, and was estimated at 123,624 in 2024, making it the third-most populous city in Minnesota. The Rochester metropolitan area has an estimated 230,000 residents. The city is the home and birthplace of Mayo Clinic.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
City facts
Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.
Playbook
You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.
Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.
Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.
Local safety & alerts
No active National Weather Service alerts for Olmsted County right now.
Public-safety links are official .gov sources, not curated by us. Olmsted County routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Rochester
22 tracked · ranked by median home valueCities like Rochester
Run the numbers for Rochester
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Rochester listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- Owner of childcare centers in Rochester, Kasson charged in fraud casekaaltv.com · 5h ago
- Dennis Harley SiemsPost Bulletin · 2d ago
- We the People: Serving up smiles at Minnesota’s oldest Dairy QueenKTTC · 15h ago
- Obituary | Douglas K. Peterson of Rochester, MinnesotaWhite Funeral Homes · 5d ago
- 23-Year-Old Byron Man Killed in Rochester-Area Motorcycle CrashKROC-AM · 1d ago
- Free home energy kits now available to Rochester residentsKIMT · 15h ago
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local sports teams
Major professional teams the Rochester area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Rochester
Explore other places with comparable momentum or affordability.