Is Roseville, MI 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, 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, MI
How much do homes in Roseville, MI cost?
Median Sold Price
$160,421
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Roseville have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Roseville was $160,421 in April 2024, up 4.2% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63K | $69.5K | +10.3% |
| 2 Bedrooms | $105K | $109K | +3.8% |
| 3 Bedrooms | $160K | $171.8K | +7.4% |
| 4 Bedrooms | $160K | $185K | +15.6% |
| 5+ Bedrooms | $248.5K | $145K | -41.6% |
Summary: Roseville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 41.6%.
Median Sold Price Compared To Nearby Cities
| Saint Clair Shores | $210K | $225K | +7.1% |
| Fraser | $215K | $230K | +7.0% |
| Roseville | $153.9K | $160.4K | +4.2% |
| Clinton Township | $229.2K | $230.2K | 0.4% |
| Clinton Charter Township | $230K | $230.5K | 0.2% |
Housing Supply in Roseville, MI
How many homes are available in Roseville, MI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 131 | 161 | +22.9% |
Summary: The Roseville real estate market had 161 homes for sale in April 2024, a 22.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 29 | 41 | +41.4% |
| 3 Bedrooms | 86 | 102 | +18.6% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Roseville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 41.4%, 3 bedroom homes increased by 18.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 37 | 52 | +40.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roseville, you could pay more than the asking price. 44.2% of homes here sold above asking price last month.
Summary: A total of 52 homes were sold or pending in Roseville in April 2024, up by 40.5% month-over-month. Of the 52 sold homes, 33% were sold under asking, 23% were sold at asking, and 44% were sold over asking.
Days on Market for Roseville, MI
How long does it take to sell a home in Roseville, MI?
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Roseville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 52 homes were sold in Roseville; 75% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.