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Rochester Metro Area Housing

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As of 2010-2014, median price of a house in Rochester Area is $166,600, which is lower than the state average of $185,200 and is lower than the national average of $175,700. The median year that a house in Rochester Area was built is 1978, which is newer than the median year for a house built in the state which is 1975 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 63,062 Owner Occupied Houses in Rochester Area, #206

Rochester Area	166,600 USD
Minnesota	185,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Rochester Area		-1.42%
Minnesota		51.31%
U.S.		46.91%

*The Rochester Area median house price growth rate is since 2005-2009. The Minnesota and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Rochester Area	Minnesota	U.S.
Total Housing Units	88,911, see rank, 100%	2,364,149	132,741,033
Occupied Housing Units	82,643, 92.95%, see rank	89.48%	87.55%
Owner Occupied	63,062, 70.93%, see rank	64.51%	56.34%
Renter Occupied	19,581, 22.02%, see rank	24.96%	31.21%
Vacant Housing Units	6,268, 7.05%, see rank	10.52%	12.45%
For Rent	1,382, 1.55%, see rank	1.22%	2.34%
For Sale Only	812, 0.91%, see rank	0.96%	1.20%
Rented or Sold, Not Occupied	747, 0.84%, see rank	0.68%	0.92%
For Seasonal, Recreational, or Occasional Use	1,389, 1.56%, see rank	5.29%	3.97%
For Migrant Workers	30, 0.03%, see rank	0.01%	0.03%
Other Vacant	1,908, 2.15%, see rank	2.36%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #344

Rochester Area	Minnesota	U.S.
1978	1975	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Rochester Area	%	Minnesota	U.S.
Owner-Occupied Units	63,062	100%	1,525,201	74,787,460
With a Mortgage	42,943	68.10%, see rank	68.78%	65.58%
Without a Mortgage	20,119	31.90%, see rank	31.22%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Rochester Area	1,415 USD
Minnesota	1,526 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Rochester Area	%	Minnesota	U.S.
$299 or Less	115	0.27%, see rank	0.18%	0.20%
$300 to $499	652	1.52%, see rank	1.30%	1.59%
$500 to $699	1,956	4.55%, see rank	4.08%	5.01%
$700 to $999	6,345	14.78%, see rank	12.50%	14.32%
$1,000 to $1,499	14,762	34.38%, see rank	30.43%	27.90%
$1,500 to $1,999	10,148	23.63%, see rank	25.36%	20.35%
$2,000 to $2,999	6,689	15.58%, see rank	19.32%	19.52%
$3,000 or More	2,276	5.30%, see rank	6.84%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Rochester Area	21.20% of the Total Income
Minnesota	22.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Rochester Area	%	Minnesota	U.S.
10% or Less	3,112	7.25%, see rank	6.13%	5.86%
10% to 20%	16,317	38.00%, see rank	35.03%	31.95%
20% to 30%	13,129	30.57%, see rank	30.01%	27.64%
30% to 40%	5,210	12.13%, see rank	12.88%	13.74%
40% or More	5,102	11.88%, see rank	15.67%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Rochester Area	466 USD
Minnesota	475 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Rochester Area	%	Minnesota	U.S.
$199 or Less	856	4.25%, see rank	4.45%	7.76%
$200 to $299	1,871	9.30%, see rank	10.96%	14.70%
$300 to $499	8,944	44.46%, see rank	39.99%	34.63%
$500 to $699	5,297	26.33%, see rank	27.38%	21.16%
$700 or More	3,151	15.66%, see rank	17.23%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Rochester Area	10.50% of the Total Income
Minnesota	11.50% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Rochester Area	%	Minnesota	U.S.
10% or Less	9,600	47.72%, see rank	43.57%	40.19%
10% to 20%	6,059	30.12%, see rank	31.28%	31.47%
20% to 30%	2,062	10.25%, see rank	11.58%	12.24%
30% to 40%	987	4.91%, see rank	5.05%	5.64%
40% or More	1,227	6.10%, see rank	7.69%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Rochester Area	Minnesota	U.S.
Total Housing Units	88,911, 100%	2,364,149	132,741,033
1-unit, Detached	63,751, 71.70%, see rank	67.25%	61.65%
1-unit, Attached	5,302, 5.96%, see rank	7.45%	5.82%
2 Units	1,726, 1.94%, see rank	2.34%	3.75%
3 or 4 Units	2,611, 2.94%, see rank	2.08%	4.43%
5 to 9 Units	2,494, 2.81%, see rank	2.23%	4.78%
10 or More Units	9,154, 10.30%, see rank	15.14%	13.08%
Mobile Home, Boat, RV, Van, etc.	3,873, 4.36%, see rank	3.52%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Rochester Area	Minnesota	U.S.
Total Housing Units	88,911, 100%	2,364,149	132,741,033
1 Room	786, 0.88%, see rank	1.54%	1.95%
2 Rooms	1,809, 2.03%, see rank	2.83%	2.48%
3 Rooms	6,462, 7.27%, see rank	9.20%	9.13%
4 Rooms	10,880, 12.24%, see rank	14.05%	16.60%
5 Rooms	11,597, 13.04%, see rank	15.52%	20.41%
6 Rooms	13,271, 14.93%, see rank	14.98%	18.06%
7 Rooms	13,121, 14.76%, see rank	12.86%	12.27%
8 Rooms	11,497, 12.93%, see rank	11.01%	8.48%
9 Rooms or More	19,488, 21.92%, see rank	18.01%	10.60%
Median Rooms	6.50, see rank	6.00	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Rochester Area	Minnesota	U.S.
Total Housing Units	88,911, 100%	2,364,149	132,741,033
No Bedroom	929, 1.04%, see rank	1.76%	2.17%
1 Bedroom	7,671, 8.63%, see rank	11.71%	11.16%
2 Bedrooms	21,466, 24.14%, see rank	26.64%	26.69%
3 Bedrooms	30,471, 34.27%, see rank	34.15%	39.70%
4 Bedrooms	22,201, 24.97%, see rank	19.81%	16.05%
5 or More Bedrooms	6,173, 6.94%, see rank	5.94%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Rochester Area	Minnesota	U.S.
Total Housing Units	82,643, 100%	2,115,337	116,211,092
Utility Gas	55,530, 67.19%, see rank	66.78%	48.85%
Bottled, Tank, or LP Gas	11,528, 13.95%, see rank	10.05%	4.86%
Electricity	10,854, 13.13%, see rank	16.13%	36.68%
Fuel Oil, Kerosene, etc.	833, 1.01%, see rank	2.62%	5.86%
Coal or Coke	17, 0.02%, see rank	0.03%	0.12%
Wood	2,226, 2.69%, see rank	2.55%	2.12%
Solar Energy	20, 0.02%, see rank	0.02%	0.05%
Other Fuel	1,205, 1.46%, see rank	1.17%	0.47%
No Fuel Used	430, 0.52%, see rank	0.65%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Rochester Area	Minnesota	U.S.
Occupied Units Paying Rent	18,409, 100%	562,198	39,201,928
$199 or Less	495, 2.69%, see rank	2.46%	1.50%
$200 to $299	858, 4.66%, see rank	4.66%	3.18%
$300 to $499	1,565, 8.50%, see rank	9.32%	7.37%
$500 to $699	4,102, 22.28%, see rank	17.06%	16.01%
$700 to $999	6,193, 33.64%, see rank	33.30%	29.17%
$1,000 to $1,499	3,717, 20.19%, see rank	23.49%	26.88%
$1,500 to $1,999	986, 5.36%, see rank	7.02%	9.79%
$2,000 or More	493, 2.68%, see rank	2.69%	6.10%
Median	$781, see rank	$835	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Rochester Area	Minnesota	U.S.
Occupied Housing Units	82,643, 100%	2,115,337	116,211,092
No Vehicles Available	4,906, 5.94%, see rank	7.25%	9.12%
1 Vehicles Available	24,363, 29.48%, see rank	30.11%	33.80%
2 Vehicles Available	34,282, 41.48%, see rank	40.67%	37.48%
3 or More Vehicles Available	19,092, 23.10%, see rank	21.97%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.