55901, Rochester, MN

The Rochester, MN 55901 zip code has a population of around 95,000 people and is located in the southeastern part of the Twin Cities metropolitan area. The median home value in this zip code is $191,900 which is about $50,000 more than the median home value in the Minneapolis-St. Paul-Bloomington metro area as a whole. This suggests that there are relatively more homes in this zip code that are worth over $200,000 than homes in the Minneapolis-St. Paul-Bloomington metro area as a whole.

There are a number of factors that could contribute to this higher home value in Rochester compared to other parts of the Twin Cities metro area. One potential reason is that Rochester has seen stronger job growth over the past few years than many other parts of Minnesota and neighboring Wisconsin, which may have led to an increase in demand for housing here. Additionally, Rochester has been able to maintain its affordability relative to other parts of Minnesota thanks to its low unemployment rate and relatively low levels of household debt.

Despite these factors, it's important not to read too much into these differences between home values in Rochester and elsewhere in Minnesota - they could simply be due to different market conditions at any given point in time rather than reflecting any underlying trend or long-term trend. That said, it's definitely worth keeping an eye on trends within specific ZIP codes when making decisions about buying or selling a home - especially if you're looking for somewhere within close proximity to work or school!