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 November 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

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+5.9%)

Key Takeaway

Homes in Roseville have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Roseville was $360,000 in November 2024, up 5.9% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K$129.4K
+3.6%
2 $206K$238.8K
+15.9%
3 $350.6K$362K
+3.2%
4 $409.9K$428K
+4.4%
5+ $485K$466.5K
-3.8%

Summary: Roseville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 3.8%.

Median Sold Price Compared To Nearby Cities

Little Canada
+7.7%
Roseville
+5.9%
New Brighton
+5.5%
Falcon Heights
-2.3%
Arden Hills
-5.3%

Housing Supply in Roseville, MN

How many homes are available in Roseville, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
113104-8.0%

Summary: The Roseville real estate market had 104 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 79
+28.6%
2 2926
-10.3%
3 4740
-14.9%
4 2220
-9.1%
5+ 89
+12.5%

Summary: The Roseville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3325-24.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 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 could pay more than the asking price. 48% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in Roseville in November 2024, down by 24.2% month-over-month. Of the 25 sold homes, 44% were sold under asking, 8% were sold at asking, and 48% 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

Nov 2023Nov 2024CHANGE
20 Days18 Days-6.4%

Summary: Homes in Roseville had an average of 18 days on market in Nov 2024, down by 6.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 25 homes were sold in Roseville; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Roseville, MN

Nearby Markets to Roseville, MN

What housing markets are near Roseville, MN?