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Image 1 - 615 16th Street Southwest, Rochester, MN 55902, USA - House for sale

Image 2 - 615 16th Street Southwest, Rochester, MN 55902, USA - House for sale

Image 3 - 615 16th Street Southwest, Rochester, MN 55902, USA - House for sale

Image 4 - 615 16th Street Southwest, Rochester, MN 55902, USA - House for sale

Image 5 - 615 16th Street Southwest, Rochester, MN 55902, USA - House for sale

Image 6 - 615 16th Street Southwest, Rochester, MN 55902, USA - House for sale

Image 7 - 615 16th Street Southwest, Rochester, MN 55902, USA - House for sale

Image 8 - 615 16th Street Southwest, Rochester, MN 55902, USA - House for sale

Home For Sale In Rochester, Minnesota

615 16th Street Southwest, Rochester, MN 55902, USA

Home For Sale In Rochester, Minnesota

house for sale

Listed: 05/19/24

615 16th Street Southwest, Rochester, MN 55902, USA

3 Bed:

2 Bath:

1,940 Sq Ft Living Area:

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Price

$ 425,000

Price: Increased

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About This House

This beautifully maintained and updated mid-century modern rambler has it all! Lovingly cared for by the same owner since 1973, the house boasts all the amenities inside and out! Outside, a new deck overlooks a spacious backyard (with in-ground watering system), garden, and woodland. Inside you will find an open floor plan, oak hardwood floors throughout, updated kitchen with custom cherry cabinets and granite countertops, updated master bath, and so much space! Lower level features a large laundry and workshop area plus a huge bonus room, ready to finish as you like. Furnace, central air conditioning, siding, washer, and dryer are all new in the past three years. Convenient location gives you quick access to Rochester's fabulous bike path network. This gem is an absolute must-see! Successful Buyer has right of first refusal to purchase two adjacent wooded lots.

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Rochester Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$363,948 (+19.2%)
Apr 2024	$305,346 (0%)
Mar 2024	$305,346 (0%)
Feb 2024	$305,346 (0%)
Jan 2024	$305,346 (-5.5%)
Dec 2023	$323,255 (-1.5%)

In May 2024, the asking price for 3 bed houses for sale in/near Rochester, United States averaged $363,948, an increase of 19.2% from the previous month.

Median price trends for properties for sale in Rochester, United States as of May 2024.

Household Income

Median household income: $68,574

Number of households: 45,056

The average household income in Rochester, MN grew from $65,195 to $68,574 in the past year. This data is an estimate based upon 45,056 households in Rochester, MN.
The chart below presents how household income is distributed in Rochester, MN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Rochester, MN compared to median property taxes around the country. The prevalent amount of property taxes in Rochester, MN equals $3k+ , which is less than the national average.