Is Rogers, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rogers has remained a Seller's Market.
Housing Prices in Rogers, MN
How much do homes in Rogers, MN cost?
Median Sold Price
$439,825
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rogers was $439,825 in April 2024, down 2.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $388.9K | N/A |
2 Bedrooms | $360K | $401.5K | +11.5% |
3 Bedrooms | $395K | $369.9K | -6.3% |
4 Bedrooms | $482.5K | $490.4K | +1.7% |
5+ Bedrooms | $502.4K | $487.5K | -3.0% |
Summary: Rogers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
Rogers | $450K | $439.8K | -2.3% |
Dayton | $483.4K | $471.5K | -2.5% |
Hassan Township | $547.7K | $490.9K | -10.4% |
Housing Supply in Rogers, MN
How many homes are available in Rogers, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
141 | 181 | +28.4% |
Summary: The Rogers real estate market had 181 homes for sale in April 2024, a 28.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 21 | 26 | +23.8% |
3 Bedrooms | 64 | 80 | +25.0% |
4 Bedrooms | 43 | 60 | +39.5% |
5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Rogers housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 35 | +6.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Rogers in April 2024, up by 6.1% month-over-month. Of the 35 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.
Days on Market for Rogers, MN
How long does it take to sell a home in Rogers, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 21 Days | -29.0% |
Summary: Homes in Rogers had an average of 21 days on market in Apr 2024, down by 29% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Rogers; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.