Folwell, Rochester, MN
Folwell — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Folwell, Rochester, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Folwell Neighborhood Overview
Folwell is a residential neighborhood in northwest Rochester, Minnesota, offering a quiet, family-friendly atmosphere. Centered around Folwell Elementary School and its namesake park, the area provides a classic suburban feel within the city limits. Its location offers convenient access to major employment centers and healthcare facilities.
Lifestyle & Amenities
The neighborhood is anchored by Folwell Park, which features playgrounds, sports fields, and open green space for community recreation. Residents enjoy proximity to local shopping plazas and essential services along West Circle Drive and 19th Street Northwest. The area maintains a peaceful, established character with well-kept homes and tree-lined streets.
Real Estate Market
The Folwell real estate market is active and affordable for the Rochester area, with a median home value of $270,300. Homes sell quickly, averaging just 9 days on market, and the price per square foot is approximately $204.75. The neighborhood has a homeownership rate of 64%, indicating a stable community of owners and renters.
Schools & Education
Folwell is served by the highly-regarded Rochester Public Schools district, with Folwell Elementary School located within the neighborhood itself. Students typically feed into Kellogg Middle School and John Marshall High School, providing a continuous educational pathway. The area benefits from the district's strong academic programs and resources.
Transportation & Connectivity
Folwell is conveniently located near major thoroughfares like Highway 52 and 19th Street Northwest, providing quick routes to downtown Rochester, the Mayo Clinic, and the Rochester International Airport. Public bus service through Rochester Public Transit offers connectivity to key destinations across the city. The neighborhood's street grid and sidewalks also support walking and biking for local trips.
Why Choose Folwell
Folwell is an excellent choice for families and first-time homebuyers seeking an affordable, established neighborhood with a strong sense of community. The combination of a top-rated school within walking distance, quick access to major employers, and a stable housing market makes it a practical and desirable place to live. Its balance of suburban tranquility and urban convenience defines its lasting appeal.
Folwell 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, Rochester
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Folwell, Rochester, MN. Explore the available cited neighborhood data on this page.
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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