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    Rochester, MN
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    Rochester, MN Residential Land & Home Lots for Sale

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    Residential Land in Southwest Rochester
    Updated: May 1
    Residential Land in Southwest Rochester

    11th Ave. SW, Rochester, MN 55902

    $750,000
    16.77 AC lot
    16.77 acres in desirable SW Rochester
    Development potential for small acreage building sites or residential lots
    Combination of 5.2 tillable acres and 11.57 wooded acres
    Build your dream home with space and privacy
    Convenient access to a golf course, shopping, and Willow Creek Reservoir
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    Spacious Land Near Downtown Rochester
    Updated: May 27
    Spacious Land Near Downtown Rochester

    3517 Bella Terra Road NE, Rochester, MN 55906

    $280,000
    2.29 AC lot
    Prime location: Just 5 minutes from downtown Rochester and the Mayo Clinic.
    Generously sized lots: Ranging from .31 to 3.85 acres, providing ample space.
    City utilities: Each lot is fully equipped.
    Desirable new development: Secure a piece of one of Rochester's most sought‑after communities.
    Spacious living: Perfect blend of suburban serenity and convenient city access.
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    Residential Development Acreage
    Residential Development Acreage

    69xx County Road 19, Rochester, MN 55904

    $250,000
    10.41 AC lot

    Mature wooded acreage on a blacktop road, offering elevation changes and views of the Root River for a custom home site.

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    See what stands out in Olmsted County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    NOI available after sign in
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    Wooded Buildable Land Lot
    Wooded Buildable Land Lot

    2835 Hadley Valley Rd Ne, Rochester, MN 55906

    $175,000
    3.87 AC lot

    Wooded 3.87-acre lot with an existing well and no covenants, offering flexibility for a future home site.

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    Hilltop Property in Woodland Valley Estates
    Hilltop Property in Woodland Valley Estates

    Meadow Crossing Ln SW, Rochester, MN 55902

    $424,900
    3.13 AC lot

    3.13-acre hilltop property in SW Rochester near Zumbro River.

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    Residential Building Site in Rochester
    Residential Building Site in Rochester

    L8B1 Miller Place NW, Rochester, MN 55901

    $222,000
    2.06 AC lot

    Two-acre residential building site near downtown Rochester.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Residential Building Site in Rochester
    Residential Building Site in Rochester

    L3B1 Miller Place NW, Rochester, MN 55901

    $215,000
    2.25 AC lot

    2+ acre residential building site near downtown Rochester, MN.

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    Residential Homebuilding Lot
    Residential Homebuilding Lot

    1597 Skyview Cir Nw, Rochester, MN 55901

    $189,000
    2.00 AC lot

    Build your home on an expansive two-acre lot in The Trails of Cascade with utilities available.

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    Residential Building Site in Rochester
    Residential Building Site in Rochester

    L5B1 Miller Place NW, Rochester, MN 55901

    $219,000
    2.31 AC lot

    2+ acre residential building site near downtown Rochester, MN.

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    Residential Land in Rolling Countryside
    Residential Land in Rolling Countryside

    L7B1 Miller Place NW, Rochester, MN 55901

    $229,900
    3.00 AC lot

    Exclusive 2-3 acre building sites near downtown Rochester, MN.

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    Estate-Style Home Lot
    Estate-Style Home Lot

    5215 8th St Sw, Rochester, MN 55902

    $275,000
    2.13 AC lot

    2.13-acre homesite in Lilly Farm Phase 3 with countryside, wooded, and open-space views.

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    Residential Land in Rolling Countryside
    Residential Land in Rolling Countryside

    L2B2 Miller Place NW, Rochester, MN 55901

    $229,900
    2.25 AC lot

    2+ acre building sites near Rochester with utilities access.

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    Residential Land in Rolling Countryside
    Residential Land in Rolling Countryside

    L4B1 Miller Place NW, Rochester, MN 55901

    $219,000
    2.23 AC lot

    2+ acre building sites near downtown Rochester.

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    Residential Homebuilding Lot
    Residential Homebuilding Lot

    3948 Mayo Woodlands Rd Sw, Rochester, MN 55902

    $260,000
    2.01 AC lot

    2.01-acre lot in Mayo Woodlands 4th Addition on paved roads near downtown, with space for an approved customized exterior.

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    Residential Land in Aspen Ridge
    Residential Land in Aspen Ridge

    L3B2 Miller Place NW, Rochester, MN 55901

    $229,900
    2.21 AC lot

    2+ acre building sites near downtown Rochester.

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    Residential Building Sites in Rochester
    Residential Building Sites in Rochester

    L2B1 Miller Place NW, Rochester, MN 55901

    $220,000
    3.00 AC lot

    2-3 acre residential building sites available near downtown Rochester.

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    Flat Residential Development Lot
    Flat Residential Development Lot

    3860 Mayo Woodlands Rd Sw, Rochester, MN 55902

    $260,000
    2.02 AC lot

    SW-facing 2.02-acre flat lot suitable for a custom home build with a shared well already in place.

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    Residential Land in Aspen Ridge
    Residential Land in Aspen Ridge

    L6B1 Miller Place NW, Rochester, MN 55901

    $225,000
    2.44 AC lot

    2-3 acre building sites in a rolling countryside setting.

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    Residential Development Land
    Residential Development Land

    3804 Mayowood Rd Sw, Rochester, MN 55902

    $285,000

    Residential land available in Olmsted County, suited for buyers looking to build a home on a cleared start.

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    Residential Land in Aspen Ridge
    Residential Land in Aspen Ridge

    L1B1 Miller Place NW, Rochester, MN 55901

    $199,900
    2.47 AC lot

    2-3 acre building sites in rolling countryside near downtown.

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    Residential Lot with Lake Access
    Residential Lot with Lake Access

    3789 Mayo Lake Rd Sw, Rochester, MN 55901

    $160,000
    0.23 AC lot

    Last available lot in private community with lake access.

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    Land in Prime Rochester Location
    Land in Prime Rochester Location

    8426 11th Avenue NW, Rochester, MN 55901

    $339,900
    6.08 AC lot

    6+ acre lot near Mayo Clinic and city amenities.

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    Entitled Multifamily Development Site
    Entitled Multifamily Development Site

    3450 Kenosha Dr NW, Rochester, MN 55901

    Contact for pricing
    4.76 AC lot

    Fully entitled multifamily development site approved for 199 units with structured parking and EV charging infrastructure.

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    Prime Buildable Land in Rochester
    Prime Buildable Land in Rochester

    2825 Valleywood Drive SW, Rochester, MN 55902

    $2,850,000
    35.63 AC lot

    35+ acres of land with development potential near Rochester amenities.

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    Rochester, MN Residential Land & Home Lots Market Trends and Statistics

    Explore 216 residential land & home lots for sale in Rochester, MN, showcased through 216 active listings on our real estate platform. These investment opportunities span a total of 26,322,291 square feet of properties for sale, with an estimated market value of $53,809,300.

    Sale prices for home sites in Rochester, MN start at $42,000, averaging $266,382, and reaching up to $2,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 206
    Commercial land 29
    Agricultural land / Farmland 6
    Industrial land 3
    Waterfront Land 1

    Demographics Overview

    Population 134K
    Population Growth (5Y) +6.8%
    Median Household Income $93,545
    College Educated 50.3%

    High-Yield Neighborhoods for Investment

    Identify Rochester submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55904 $132.6K
    55906 $177.3K
    55901 $233K
    55902 $391.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $34.32 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Olmsted County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Rochester fall within the 50 to 100 acres range.

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    Most Searched ZIP Codes in Rochester, MN

    • 55902
    • 55906
    • 55901
    • 55904

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