Folwell Drive, Rochester, MN
Folwell Drive — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Folwell Drive, Rochester, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Folwell Drive Neighborhood Overview
Folwell Drive is a residential neighborhood located in Rochester, Minnesota, within the 55901 ZIP code. The area offers a quiet, established community atmosphere convenient to the city's major amenities and employment centers. Its central location provides residents with a balanced suburban feel while remaining connected to Rochester's vibrant core.
Lifestyle & Amenities
Residents enjoy proximity to local parks, shopping centers, and dining options that serve the broader Rochester community. The neighborhood's setting allows for easy access to the services and recreational facilities that define the city's quality of life. Daily needs are met with convenience, contributing to a comfortable and practical living environment.
Real Estate Market
The real estate market in Folwell Drive features a median home value of $270,300, with homes typically spending an average of 83 days on the market. A majority of residents are homeowners, reflected in a 64% homeownership rate, while the median monthly rent is $1,239. This market presents a mix of ownership and rental opportunities for a range of budgets.
Schools & Education
Families in the Folwell Drive area are served by the Rochester Public Schools district. The neighborhood's location provides access to the district's variety of educational institutions. Specific school assignments are determined by the district and are subject to change based on enrollment boundaries.
Transportation & Connectivity
The neighborhood benefits from good connectivity via major arterial roads, facilitating easy travel by car throughout Rochester. Public transportation options are available through the local transit system, connecting residents to downtown, the Mayo Clinic, and other key destinations. This connectivity supports commuting and access to the wider region.
Why Choose Folwell Drive
Folwell Drive offers an attractive combination of affordable home values, a strong sense of community, and a convenient location. With a median household income of $85,890, the area supports a stable and comfortable lifestyle. It represents a practical and welcoming choice for those seeking a well-established neighborhood in Rochester.
Folwell Drive Market Data
| Metric | Value |
|---|---|
| Median Home Price | $270K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $86K |
| Homeownership Rate | 64.3% |
| Renter-Occupied | 35.7% |
| Rental Vacancy Rate | 6.5% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 55901 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Folwell Drive, Rochester
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Folwell Drive, Rochester, MN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12