55902 — Rochester, MN Home Values
Typical home value $479,480 as of June 2026 · 2nd of 35 in Rochester, MN
Blue: typical home value (Zillow ZHVI) in ZIP code 55902, June 2021 to June 2026. This page shows observed data only; no forecast.
How 55902 compares in the Rochester, MN area
ZIP code 55902 (Rochester, MN) has a typical home value of $479,480 as of June 2026, ranking 2nd of 35 ZIP codes tracked in the Rochester, MN area, more expensive than about 97% of ZIP codes in the metro. Prices here have moved +3.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +20.4%, from $398,074 in June 2021 to $479,480 in June 2026. Against observed rent, the typical home here sells for 21.9× the annual rent ($1,827/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Rochester, MN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Rochester.
Population and demographics
ZIP code 55902 has a population of 25,988, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 77.3% White, 10.1% Asian, 6.4% Hispanic or Latino, 3.6% two or more races, 2.1% Black or African American, 0.2% Native Hawaiian or Pacific Islander, 0.2% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| BAMBER VALLEY ELEMENTARY | 2001 BAMBER VALLEY RD SW, ROCHESTER, MN | 1.5 mi |
| CREDIT RECOVERY | 37 WOOD LAKE DR SE, ROCHESTER, MN | 2.3 mi |
| Rochester ALC Recovery Program | 37 WOOD LAKE DR SE, ROCHESTER, MN | 2.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 55902?
$479,480 as of June 2026, the latest month Zillow has published observed data for.
Is 55902 an expensive ZIP code in the Rochester, MN area?
55902 ranks 2nd of 35 ZIP codes in the Rochester, MN area by typical home value, more expensive than about 97% of ZIP codes in the metro.
How much have home values in 55902 changed over the past year?
+3.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 55902?
The typical home price is 21.9× the observed annual rent in this ZIP code ($1,827/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 55902?
25,988, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 55902?
BAMBER VALLEY ELEMENTARY (1.5 mi), CREDIT RECOVERY (2.3 mi), Rochester ALC Recovery Program (2.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 55902?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Rochester, MN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.