Housing in Roseville, MN (55113) is a great investment due to its lower median value and slower rate of appreciation. For example, the median housing value in Roseville is $318,800, compared to the US median value of $338,100. Additionally, the 1 year house appreciation rate for Roseville is 4.70%, whereas the national US house appreciation rate is 8.27%. This implies that while house values are still increasing in Roseville, they are not doing so as quickly as in other parts of the country. Therefore, investing in a home in Roseville could potentially provide more stability and a lower initial cost than if investing elsewhere in the US.
The median home cost in Roseville (zip 55113) is $318,800. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Roseville (zip 55113) is up 9.2%.
Average Age of Homes
- The median age of Roseville (zip 55113) real estate is 51 years old
The Rental Market in Roseville (zip 55113)
- Renters make up 34.3% of the Roseville (zip 55113) population
- 2.4% of houses and apartments in Roseville (zip 55113), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.