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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roseville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Roseville, MN

How much do homes in Roseville, MN cost?

Median Sold Price

$360,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,500(+5.7%)

Key Takeaway

Homes in Roseville have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Roseville was $360,000 in October 2024, up 5.7% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$127.9K
+2.3%
2 $207K$238.1K
+15.0%
3 $352.5K$360K
+2.1%
4 $406K$428K
+5.4%
5+ $497K$464.6K
-6.5%

Summary: Roseville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Cities

Little Canada
+7.7%
Roseville
+5.7%
New Brighton
+3.7%
Falcon Heights
-2.3%
Arden Hills
-6.6%

Housing Supply in Roseville, MN

How many homes are available in Roseville, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
116121+4.3%

Summary: The Roseville real estate market had 121 homes for sale in October 2024, a 4.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 49
+125.0%
2 2529
+16.0%
3 4550
+11.1%
4 2925
-13.8%
5+ 138
-38.5%

Summary: The Roseville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 125%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 38.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4332-25.6%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roseville, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Roseville in October 2024, down by 25.6% month-over-month. Of the 32 sold homes, 47% were sold under asking, 16% were sold at asking, and 38% were sold over asking.

Days on Market for Roseville, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days31 Days+48.9%

Summary: Homes in Roseville had an average of 31 days on market in Oct 2024, up by 48.9% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 32 homes were sold in Roseville; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 3% 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 Roseville, MN

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