The city of Rochester, Minnesota was founded on the banks of the Zumbro River in 1854 by George Head, a settler who named it after his hometown of Rochester, New York. Rochester soon blossomed into a city and focused around the institutions it eventually became home to, such as the Mayo Clinic and the largest contiguous IBM complex. Today, the community consistently earns a place near the top of several of the “Most Livable Cities” lists, and was recently named America's “Best Small City” by Money magazine.
Rochester real estate options consist of single-family homes for sale, as well as condominiums and townhouses. The community has all of the benefits and excitement of a larger city, but none of the congestion. Rochester's approximately 91,641 residents never run out of things to do. There are countless attractions, museums, sporting events and parks for you to enjoy.
If you feel like getting in touch with nature, Rochester's Quarry Hill Nature Center offers a 1,700-gallon aquarium of native fish, along with over five miles of trails. Nearby Silver Lake Park is home to canoe and paddleboat rentals in the summer, as well as trails skirting the lake. Finally, the community also has food to suit any palate and stores to satisfy the mall-lover or the antique-hound. The beauty of the area, the big-city attractions and the down-to-earth atmosphere persuade many residents never to leave!
Condominiums and townhouses in Rochester, MN are readily available for sale from less than $75,000 to approximately $215,000. Many appealing amenities are available, including fireplaces, central air conditioning, multi-car garages, wood flooring, security features and scenic views. Rochester's single-family detached homes are also readily available from under $100,000 to $1.5 million. A variety of architectural styles are available, including ranch, traditional, contemporary, single-story and two-story. Homes for sale are available in communities such as Salem Sound, Sunny Slopes, Zumbro Highlands, Scenic Oaks, Heritage Hills, Orchard Acres, Bamber Valley Estates, Haverhill, Mayowood Hills, Baronwood and Fox Hill. Beautiful amenities available include fireplaces, multi-car garages, central air conditioning, water views, attics, formal dining rooms, decks, libraries, security features, wooded lots, pantries, finished basements, heated garages, swimming pools, dens, heated floors, whirlpool tubs and wood flooring.
Rochester Real Estate Stats and Trends for the week of May 2nd, 2016: homes priced around $176,652 compared to $176,652 the previous week, to remain steady with no change in listing price. For Tuesday, May 3rd, the current national mortgage rate for a 30 year fixed mortgage is 3.63%; the 15 year fixed rate is at 2.76%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.05%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Rochester MN. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Rochester to help you find the best home!