Rochester MN Real Estate Market Blog

The stock of homes for sale in Rochester, Minnesota continued to drop last week.  There are currently 905 residential properties actively for sale in Rochester, with an average list price of $227,140 (median $176,500) and an average of 164 days on the market.  Last week there were 42 new listings (avg. list price $198,066, median $159,900) and 16 that [...]

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The federal government recently passed a provision for first time home buyers who qualify, obtain an up to $7,500 tax credit against their federal income taxes.  Eligible buyers must be first time home buyers and the credit qualifies for both preowned and new construction homes. This is a tax credit which directly reduces the home buyers federal tax [...]

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There are currently 935 homes for sale in Rochester, Minnesota.  The average list price for these properties is $227,359 (median $177,777).  These properties have an average of 161 days on the market. There were 986 homes for sale last week (October 27 to November 2, 2008) with an average list price of $229,579 (median $174,900) [...]

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