Rosemount, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Rosemount, MN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Rosemount Housing Market Information

With 23,413 people, 7,854 houses or apartments, and a median cost of homes of $311,220, Rosemount real estate is some of the most expensive in Minnesota, although Rosemount home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Rosemount, accounting for 68.38% of the city's housing units. Other types of housing that are prevalent in Rosemount include row houses and other attached homes ( 21.74%), large apartment complexes or high rise apartments ( 5.80%), and a few mobile homes or trailers ( 2.29%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rosemount. Owner-occupied housing accounts for 86.49% of Rosemount's homes, and 64.64% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Rosemount built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rosemount built between 2000 and later ( 40.54%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.16%). There's also some housing in Rosemount built before 1939 ( 1.69%).

Rosemount Home Appreciation Rates

Real estate appreciation rates in Rosemount's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.63% during the period.

NeighborhoodScout's data show that during the latest twelve months, Rosemount's appreciation rate, at 5.32%, has been at or slightly above the national average. In the latest quarter, Rosemount's appreciation rate has been 1.44%, which annualizes to a rate of 5.89%.

Relative to Minnesota, our data show that Rosemount's latest annual appreciation rate is higher than 60% of the other cities and towns in Minnesota.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Rosemount differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rosemount - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Rosemount real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$311,220

Rosemount, MN HOME PRICES

Value Range
> $1,203,000 0.2
$902,001 - $1,203,000 0.6
$601,001 - $902,000 3.6
$481,001 - $601,000 7.3
$360,001 - $481,000 16.2
$241,001 - $360,000 36.9
$120,001 - $241,000 30.4
$60,001 - $120,000 2.3
$0 - $60,000 2.5

Very High for MN
Very High for Nation

Value Relative to Nation Value Relative to State
15.317004570491 9.24024640657084

Number Of Homes And Apartments:
7,854

Rosemount Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
35.88% 1.79% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,732 / per month

Homeownership Rate

Homeownership
Owners 86.49
Renters 13.51
Vacant 1.76

Housing Market Details

 

Age of Homes

AGE OF Rosemount HOMES
2000 or Newer 40.5
1970 - 1999 47.6
1940 - 1969 10.2
1939 or Older 1.7

Types of Homes

TYPE OF Rosemount HOMES
Single-Family 68.4
Townhomes 21.7
Small Apt. Buildings 1.8
Apt. Complexes 5.8
Mobile Homes 2.3
Other 0.0

Home Size

SIZE OF Rosemount HOMES
No Bedroom 0.29
1 Bedroom 2.95
2 Bedrooms 21.20
3 Bedrooms 35.76
4 Bedrooms 28.88
5 or more bedrooms 10.92