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Homes For Sale In Rochester, MN
Located along the Zumbro River in Southeast Minnesota, Rochester is Minnesota’s third-largest city. It has routinely been recognized as one of the best and most livable cities in the country. Due in part to being the home of the renowned Mayo Clinic, residents of Rochester enjoy some of the highest life expectancy rates in the entire United States. It’s no wonder that this innovative and welcoming city has experienced such growth in recent years! Keep reading to find out what makes Minnesota real estate a great place to invest.
Rochester MN History
The city of Rochester was established in 1854, but it wasn’t until railroad service was initiated that it grew from a small village into a city. That growth really took off when Dr. William W. Mayo arrived in 1863 and built the medical clinic that would eventually become Mayo Clinic. The clinic is recognized as the number one hospital in the country and provides healthcare services for an ever-expanding list of specialty needs.
Rochester MN Real Estate Market
Rochester real estate is affordable, but as demand increases, inventory gets bought up quickly. The state’s median sale price is in the upper $300s range. Homes for sale in Rochester, in comparison, are much more inexpensive, with median sale prices towards the lower $300k end. Rochester homes for sale usually last only an average of 8 days, so if you find a place you like, it’s important to act fast. There is a good mix of townhomes, condos, single-family homes, and even a few multi-family options.
Schools in Rochester MN
There are over 16,000 students attending 23 schools in the Rochester Public Schools system. Homes for sale in Rochester are also close to a number of small private schools. The average graduation rate is a little bit higher than the nationwide average.
Elementary Schools in Rochester, Minnesota
One of the highest-rated schools in the area is Lincoln Choice School. Students here are high achieving, with reading and math scores well above the state average. Lincoln Choice serves students in kindergarten through eighth grade. It was one of only 404 elementary schools across the country named as a Project Lead the Way Distinguished School due to its transformative STEM education.
Washington and Folwell Elementary Schools are also well-regarded in the community. Washington serves children from the entire district, resulting in a more diverse population. The curriculum there is focused on challenging students to their greatest potential. Folwell was established nearly 100 years ago and has retained a reputation of excellent education throughout its existence as a part of Rochester’s school system.
Secondary Schools in Rochester, Minnesota
There are three high schools in the Rochester Public Schools system: Mayo, Century, and John Marshall Senior High Schools. Mayo Senior High School is the highest ranked of the three, followed closely by Century. The reading proficiency of Mayo students is higher than the district and state averages, and it has a graduation rate of 94%, which is higher than the state’s median.
Century High School boasts math, reading, and science scores that are all above the district and state averages. Nearly half of students at the school participate in Advanced Placement courses. Century draws a lot of athletes, particularly volleyball players, due to the National Volleyball Center with 11 volleyball courts.
Frequently Asked Questions About Rochester Real Estate
What is the zip code for homes in Rochester, Minnesota?
There are four zip codes for Rochester homes for sale include 55901, 55902, 55904, and 55906. The area code is 507.
What county is Rochester, Minnesota in?
Rochester homes are located in the county seat of Olmsted County.
Where is the best place to live in Rochester, Minnesota?
For families with children
Cascade Township is a suburb just outside of Rochester and is considered one of the best suburbs in the entire state, much less in the Rochester area. The median household income is in the low $100k range, and there are several excellent schools serving the residents of Cascade Township.
For singles and young professionals
The Elton Hills neighborhood is centrally located, and residents can bike to the downtown area within ten minutes. Residents are younger and many young professionals, especially those who have moved to the area to work at Mayo Clinic, choose to live in the neighborhood.
For retirees
The area around Cascade Lake will appeal to the senior set. Its namesake and centerpiece provide a beautiful place to picnic or walk. Rochester homes for sale in this area are older and well-established, and the community is welcoming and friendly.
When do schools in Rochester start this year?
Schools in Rochester begin in early September and last until early June.
What kinds of jobs do people have in Rochester, Minnesota?
Mayo Clinic and IBM are the two largest employers in the area. As a result, many of the residents of Rochester work in the medical and research fields. In addition to these two companies, homes in Rochester are surrounded by a large number of dairy producers and a food processing plant. Job growth is projected at 5% over the next few years.
Where is the nearest commercial airport to Rochester, Minnesota?
The Rochester International Airport (RST) provides service in and out of Rochester.
Things To Do In Rochester MN
One of the major draws to Rochester is Mayo Clinic, which sees over 2 million visitors every year. Facilities connected to the clinic, as well as a number of hotels and restaurants, make up most of the downtown area. If you're planning to buy a home for sale in Rochester, you'll have plenty of things to do and places to explore.
The park system in Rochester is extensive and makes up miles of greenspace, popular with hikers, bikers, and family picnickers alike. Those who are interested in history will enjoy visiting the buildings listed on the National Register of Historic Places, like the Chateau Theater, one of the original Art Deco style theaters dating back to the 1920s, and Avalon Music, which famously welcomed musicians like Louis Armstrong and Duke Ellington as its hotel guests.
Rochester has its own Art Center, where you can view the works of local artists from throughout the state. The city is also home to the Rochester Symphony Orchestra and Chorale, dating back to 1919 and the oldest cultural institution in the city. Near the Civic Center in the same area, bookworms can visit the award-winning Rochester Public Library.