$4,097 Closing Credit*
$345,000
1,700 SqFt
4 Beds
•1 Full Bath
Listing Office: RE/MAX Advantage Plus
Is Rosemount, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rosemount has remained a Seller's Market.
Key Takeaway
Rosemount is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rosemount, MN
How much do homes in Rosemount, MN cost?
Median Sold Price
$406,766
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,766(+4.3%)
Key Takeaway
Homes in Rosemount have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Rosemount was $406,766 in October 2024, up 4.3% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179.9K | $200K | +11.1% |
| 2 Bedrooms | $280K | $291.2K | +4.0% |
| 3 Bedrooms | $361.3K | $360K | -0.4% |
| 4 Bedrooms | $470K | $490K | +4.3% |
| 5+ Bedrooms | $574K | $605K | +5.4% |
Summary: Rosemount housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
| Rosemount | $390K | $406.7K | +4.3% |
| Apple Valley | $360.2K | $372.3K | +3.4% |
| Eagan | $369K | $375K | +1.6% |
Housing Supply in Rosemount, MN
How many homes are available in Rosemount, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 222 | 238 | +7.2% |
Summary: The Rosemount real estate market had 238 homes for sale in October 2024, a 7.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 29 | 28 | -3.4% |
| 3 Bedrooms | 71 | 85 | +19.7% |
| 4 Bedrooms | 76 | 77 | +1.3% |
| 5+ Bedrooms | 44 | 45 | +2.3% |
Summary: The Rosemount housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 2.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 44 | -8.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rosemount, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Rosemount in October 2024, down by 8.3% month-over-month. Of the 44 sold homes, 45% were sold under asking, 34% were sold at asking, and 20% were sold over asking.
Days on Market for Rosemount, MN
How long does it take to sell a home in Rosemount, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 31 Days | +3.5% |
Summary: Homes in Rosemount had an average of 31 days on market in Oct 2024, up by 3.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rosemount are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 44 homes were sold in Rosemount; 61% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
