$2,314 Closing Credit*
$194,900
1,513 SqFt
3 Beds
•2 Full Baths
Listing Office: USA Realty
Is Roseau County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Roseau County was a Neutral Market.
Key Takeaway
Roseau County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Roseau County, MN
How much do homes in Roseau County, MN cost?
Median Sold Price
$213,833
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,083(+19.0%)
Key Takeaway
Homes in Roseau County have sold for 19% more than they did a year ago.
Summary: The median home sold price in Roseau County was $213,833 in November 2024, up 19% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77K | $60K | -22.1% |
| 2 Bedrooms | $156K | $168K | +7.7% |
| 3 Bedrooms | $175K | $205K | +17.1% |
| 4 Bedrooms | $263K | $260K | -1.1% |
| 5+ Bedrooms | $301.7K | $310K | +2.8% |
Summary: Roseau County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Counties
| Lake of the Woods County | $179K | $213.7K | +19.4% |
| Roseau County | $179.7K | $213.8K | +19.0% |
| Beltrami County | $254.4K | $280K | +10.0% |
Housing Supply in Roseau County, MN
How many homes are available in Roseau County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 103 | 101 | -1.9% |
Summary: The Roseau County real estate market had 101 homes for sale in November 2024, a 1.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 42 | 41 | -2.4% |
| 4 Bedrooms | 28 | 27 | -3.6% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Roseau County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roseau County, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Roseau County in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Roseau County, MN
How long does it take to sell a home in Roseau County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 88 Days | +55.8% |
Summary: Homes in Roseau County had an average of 88 days on market in Nov 2024, up by 55.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Roseau County has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Roseau County; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
