Is Rogers, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rogers is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Rogers has remained a Seller's Market.

Key Takeaway

Rogers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rogers, MN

How much do homes in Rogers, MN cost?

Median Sold Price

$434,998

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,996(-4.4%)

Key Takeaway

Homes in Rogers have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Rogers was $434,998 in October 2024, down 4.4% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $340K$437.9K
+28.8%
2 $399.9K$420K
+5.0%
3 $375K$365K
-2.7%
4 $503.9K$499.9K
-0.8%
5+ $499.9K$509.4K
+1.9%

Summary: Rogers housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.8%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Dayton
+10.3%
Rogers
-4.4%
Hassan Township
-13.9%

Housing Supply in Rogers, MN

How many homes are available in Rogers, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
130163+25.4%

Summary: The Rogers real estate market had 163 homes for sale in October 2024, a 25.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2424
0.0%
3 4162
+51.2%
4 4556
+24.4%
5+ 2021
+5.0%

Summary: The Rogers housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 51.2%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3242+31.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rogers, expect to pay close to the asking price. 54.8% of homes here sold near the asking price last month.

Summary: A total of 42 homes were sold or pending in Rogers in October 2024, up by 31.3% month-over-month. Of the 42 sold homes, 26% were sold under asking, 55% were sold at asking, and 19% were sold over asking.

Days on Market for Rogers, MN

How long does it take to sell a home in Rogers, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days29 Days+8.0%

Summary: Homes in Rogers had an average of 29 days on market in Oct 2024, up by 8% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rogers are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 42 homes were sold in Rogers; 50% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Rogers, MN

Nearby Markets to Rogers, MN

What housing markets are near Rogers, MN?