Rochester, MN

Population: 110,742
Average annual home appreciation rate: 1.28%
Total of homes for sale in this market: 207
Median home price: $167,892
Median Rent: $830 per room
Home price range: 54.06% of homes are between $103,001 – $205,000
Median sales price: NO DATA
Number of homes: 106
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 63.76% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 6.04%
Number of renters: 31.06%
Number of owner occupied: 68.94%
Number people living below poverty level: 9.26%
Unemployment rate: 3.70%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Rochester area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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