Is Roseville, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$349,960
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Roseville have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Roseville was $349,960 in May 2024, up 3.3% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $126.2K | +5.2% |
| 2 Bedrooms | $230.2K | $222.5K | -3.4% |
| 3 Bedrooms | $345.4K | $355K | +2.8% |
| 4 Bedrooms | $410K | $406K | -1.0% |
| 5+ Bedrooms | $510K | $461.3K | -9.5% |
Summary: Roseville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 9.5%.
Median Sold Price Compared To Nearby Cities
| Arden Hills | $397.4K | $445K | +12.0% |
| Little Canada | $339K | $357.5K | +5.5% |
| Falcon Heights | $385K | $404K | +4.9% |
| Roseville | $338.9K | $349.9K | +3.3% |
| New Brighton | $360K | $370K | +2.8% |
Housing Supply in Roseville, MN
How many homes are available in Roseville, MN?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 125 | 142 | +13.6% |
Summary: The Roseville real estate market had 142 homes for sale in May 2024, a 13.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 19 | +11.8% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 47 | 44 | -6.4% |
| 4 Bedrooms | 39 | 49 | +25.6% |
| 5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The Roseville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 40 | +17.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roseville, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Roseville in May 2024, up by 17.6% month-over-month. Of the 40 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 18 Days | 13 Days | -22.6% |
Summary: Homes in Roseville had an average of 13 days on market in May 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Roseville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 40 homes were sold in Roseville; 83% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
