Is Rosemount, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rosemount is a neutral's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

Rosemount is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Rosemount, MN cost?

Median Sold Price

$420,100

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$45,100(+12.0%)

Key Takeaway

Homes in Rosemount have sold for 12% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $152.5K$198K
+29.8%
2 $261.5K$270K
+3.3%
3 $320.5K$353.7K
+10.4%
4 $441.9K$486.2K
+10.0%
5+ $504.7K$583.2K
+15.6%

Median Sold Price Compared To Nearby Cities

Empire Township
+28.1%
Rosemount
+12.0%
Apple Valley
+7.8%
Eagan
+7.2%

How many homes are available in Rosemount, MN?

Number of Homes For Sale

Oct 2022Nov 2022%
1071070.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 2523
-8.0%
3 2624
-7.7%
4 3535
0.0%
5+ 1923
+21.1%

Number of Homes Sold

Oct 2022Nov 2022%
2716-40.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rosemount, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days38 Days+118.3%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Rosemount, MN

Homes for sale in Rosemount, MN have reached 107. While the average time on the market in November 2022 was 38 days, the median list price was $420,100. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 29.8%, 2 bedrooms properties prices increased by 3.3%, 3 bedrooms properties became 10.4% more expensive, 4 bedrooms properties became 10% more expensive, prices of 5 bedrooms properties went up by 15.6%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory decreased by 8%, 3 bedrooms homes inventory decreased by 7.7%, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes went up by 21.1%. While more than 2 listings in Rosemount, MN in November 2022 were sold above asking price, there were more than 2 listings sold at asking price, and more than 12 were sold below.

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