Is Roosevelt, ND a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roosevelt is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Roosevelt was a Seller's Market.

Key Takeaway

Roosevelt is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Roosevelt, ND

How much do homes in Roosevelt, ND cost?

Median Sold Price

$215,075

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,925(-2.2%)

Key Takeaway

Homes in Roosevelt have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Roosevelt was $215,075 in October 2024, down 2.2% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $135K$152.5K
+13.0%
3 $239K$208.7K
-12.7%
4 $206K$225K
+9.2%
5+ $274K$274.9K
0.3%

Summary: Roosevelt housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 0.3%.

Median Sold Price Compared To Nearby Neighborhoods

Downtown Fargo
+24.5%
Washington
+1.4%
Roosevelt
-2.2%

Housing Supply in Roosevelt, ND

How many homes are available in Roosevelt, ND?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4351+18.6%

Summary: The Roosevelt real estate market had 51 homes for sale in October 2024, a 18.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2127
+28.6%
4 1114
+27.3%
5+ 43
-25.0%

Summary: The Roosevelt 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 28.6%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roosevelt, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Roosevelt in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Roosevelt, ND

How long does it take to sell a home in Roosevelt, ND?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Roosevelt has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Roosevelt; 0% of homes were sold within 30 days, 50% 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 20 Days Ago

Newest Listings in Roosevelt, ND

Nearby Markets to Roosevelt, ND