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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roseville is a seller's market

Buyer's
Market

Difference Since August 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

$353,150

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$16,543(+4.9%)

Key Takeaway

Homes in Roseville have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Roseville was $353,150 in August 2024, up 4.9% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $120K$127K
+5.8%
2 $199K$236K
+18.6%
3 $345.4K$360K
+4.2%
4 $411K$425K
+3.4%
5+ $530K$455K
-14.2%

Summary: Roseville housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 14.2%.

Median Sold Price Compared To Nearby Cities

New Brighton
+5.6%
Roseville
+4.9%
Falcon Heights
-0.5%
Arden Hills
-2.0%
Little Canada
-2.2%

Housing Supply in Roseville, MN

How many homes are available in Roseville, MN?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
135141+4.4%

Summary: The Roseville real estate market had 141 homes for sale in August 2024, a 4.4% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 75
-28.6%
2 3132
+3.2%
3 4346
+7.0%
4 3942
+7.7%
5+ 1516
+6.7%

Summary: The Roseville housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
41410.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roseville, you may be able to get a good deal. 46.3% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Roseville in August 2024, the same as the previous month. Of the 41 sold homes, 46% were sold under asking, 10% were sold at asking, and 44% 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

Aug 2023Aug 2024CHANGE
12 Days18 Days+45.0%

Summary: Homes in Roseville had an average of 18 days on market in Aug 2024, up by 45% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 41 homes were sold in Roseville; 78% of homes were sold within 30 days, 20% 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 17 Days Ago

Newest Listings in Roseville, MN

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