The Olmsted County housing stability team continues efforts to seek permanent housing for tenants after the Southeast Rochester apartment building was condemned.
With "very, very tight inventory," Rochester has about 30 houses available for sale in the $200,000 to $300,000 range, said Eric Brownlow with the Southeast Minnesota Realtors association.
While home sales in Southeast Minnesota decreased by 11.8% in 2022, a total of 2,244 homes were sold in the $300,001 and above range — the area’s largest amount.
Olmsted County court agreements after lost water service set deadline for moving, while trailer park owner agrees to help with rent for at least two of four remaining occupants.
The rate of construction of new apartment buildings appears to be on track to meet the needs seen in housing study, even as new single-family home construction lags.
