Is Roseville, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$345,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Roseville have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Roseville was $345,000 in March 2024, up 1.3% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $127K | +5.8% |
| 2 Bedrooms | $225K | $222.5K | -1.1% |
| 3 Bedrooms | $350K | $350.6K | 0.2% |
| 4 Bedrooms | $412K | $403K | -2.2% |
| 5+ Bedrooms | $510K | $463.2K | -9.2% |
Summary: Roseville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Arden Hills | $377.5K | $417K | +10.5% |
| New Brighton | $365K | $370K | +1.4% |
| Roseville | $340.5K | $345K | +1.3% |
| Little Canada | $338K | $334.9K | -0.9% |
Housing Supply in Roseville, MN
How many homes are available in Roseville, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 104 | 106 | +1.9% |
Summary: The Roseville real estate market had 106 homes for sale in March 2024, a 1.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 12 | +50.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 38 | 36 | -5.3% |
| 4 Bedrooms | 36 | 34 | -5.6% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Roseville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 25 | -10.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 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 25 homes were sold or pending in Roseville in March 2024, down by 10.7% month-over-month. Of the 25 sold homes, 28% were sold under asking, 12% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 29 Days | -34.8% |
Summary: Homes in Roseville had an average of 29 days on market in Mar 2024, down by 34.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 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 March 2024, 25 homes were sold in Roseville; 56% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
