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 November 2023

Since last year, Roosevelt has remained a Buyer'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

$224,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,750(+1.2%)

Key Takeaway

Homes in Roosevelt have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Roosevelt was $224,000 in November 2024, up 1.2% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $115K$155K
+34.8%
3 $239K$209.9K
-12.2%
4 $202.7K$228K
+12.5%
5+ $274K$274.9K
0.3%

Summary: Roosevelt housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.8%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 0.3%.

Housing Supply in Roosevelt, ND

How many homes are available in Roosevelt, ND?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4943-12.2%

Summary: The Roosevelt real estate market had 43 homes for sale in November 2024, a 12.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2623
-11.5%
4 1413
-7.1%
5+ 31
-66.7%

Summary: The Roosevelt housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roosevelt, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Roosevelt in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Roosevelt; 50% 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 21 Days Ago

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