Zip 55904 (Rochester, MN) Housing

The housing in Rochester, MN 55904 is quite affordable compared to the US average, with a median value of $256,200. Furthermore, the 1 year house appreciation rate for houses in this area is 6.78%, which is lower than the US average of 8.27%. This indicates that housing in this area may be a worthwhile investment and could provide potential buyers with considerable savings compared to other parts of the United States.

The median home cost in Rochester (zip 55904) is $256,200. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Rochester (zip 55904) is up 11.4%.

Average Age of Homes

- The median age of Rochester (zip 55904) real estate is 44 years old

The Rental Market in Rochester (zip 55904)

- Renters make up 26.0% of the Rochester (zip 55904) population
- 2.7% of houses and apartments in Rochester (zip 55904), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rochester, Minnesota	United States
	12,607.0	139,647,020.0
	44	42
	$256,200	$338,100
	11.4%	16.6%
	46.1%	57.0%
	78.4%	101.1%
	$10.58	$10.98
	$2,033	$2,690
	59.2%	57.4%
	9.1%	11.2%
	31.8%	31.4%
Vacant Housing
	2.7%	1.9%
	0.9%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	1.5%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	4.2%	2.6%
	2.0%	2.4%
	0.7%	2.8%
	1.5%	3.9%
	2.0%	4.5%
	17.9%	11.3%
	25.7%	13.0%
	24.2%	20.1%
	11.4%	13.6%
	6.2%	8.3%
	2.9%	9.7%
	0.8%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	13.3%	13.6%
	13.3%	13.6%
	8.6%	13.6%
	9.0%	13.2%
	15.0%	14.8%
	8.6%	13.6%
	8.7%	10.0%
	4.9%	4.7%
	17.9%	12.2%

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