Sellers in Roseville lost a bit of their edge this spring. According to newly released Redfin data covering the three months ending in April, the median sale price came in at $629,175 — down 2.8% from $647,000 a year earlier — while homes took a median of 21 days to find a buyer, three days longer than the same stretch last year. The share of homes selling above their asking price fell to 32.4%, down from 40% a year ago, a sign that buyers in this city of 165,000 are facing slightly less competition than they did last spring.

Prices ease while sales pick up

The 2.8% year-over-year decline in the median sale price stands out against a longer-term backdrop of steady appreciation. Two years ago, the median Roseville home sold for $620,434, meaning prices today sit only modestly above where they were in spring 2024. Over the past five years, prices have risen 11.4% from the $565,000 median recorded in the three months ending April 2021 — a far slower pace than the run-up seen during the pandemic-era boom.

Median price per square foot tells a steadier story. At $333, it is essentially flat compared with $334 a year ago, a decline of just 0.5%. That suggests the dip in the headline median price reflects a modest shift in the mix of homes selling rather than a broad markdown in what buyers are paying for comparable space.

Sales activity, meanwhile, edged higher. A total of 471 homes changed hands during the three-month window, up 1.7% from 463 a year earlier and 15.2% above the 409 sales recorded in the three months ending in March — a jump consistent with the typical spring pickup. Nationally, the S&P/Case-Shiller home price index was roughly flat year-over-year, putting Roseville’s slight price decline broadly in line with the national pattern.

Inventory tight, but days on market stretching

Active listings totaled 857, down 8.7% from 939 a year ago but up 12.3% from 763 a month earlier as more sellers came to market for spring. New listings, at 603, were actually 14% lower than the 701 posted in the same period last year, suggesting some would-be sellers are still holding back.

With 471 sales against that inventory, Roseville is sitting at 1.8 months of supply — well below the four-to-six-month range that typically defines a balanced market. By that measure, sellers still have the upper hand overall. But the longer days on market and the smaller share of homes selling above asking suggest the imbalance has eased somewhat from a year ago. The sale-to-list ratio of 99.7% indicates the typical home is now selling just under its asking price.

Mortgage rates and affordability

The 30-year fixed mortgage rate averaged 6.33% in April, down from 6.72% a year earlier but up from 6.18% in March, according to Freddie Mac. The combination of slightly lower prices and lower rates has translated into meaningful monthly savings: the principal-and-interest payment on a median-priced Roseville home with 20% down works out to about $3,125 a month, or $222 less than the same purchase would have cost a year ago.

Even with that improvement, affordability remains stretched. The median Roseville household earns $119,288 per year, according to the U.S. Census Bureau, putting the median home at 5.3 times annual household income — above the 5x threshold often cited as the upper bound of affordability. The monthly payment on a median home consumes roughly 31% of median household monthly income, in line with the upper end of what lenders and housing analysts typically consider sustainable.

Neighborhood breakdown

The three Roseville ZIP codes told distinctly different stories during the three months ending in April:

  • 95661 (east Roseville, including older neighborhoods near the Galleria) was the most expensive part of the city, with a median sale price of $712,141 — up from $677,500 a year ago. Homes there also sold the fastest, in a median of 14 days, down from 19 days last year. Only 72 homes sold, against 112 active listings.
  • 95678 (central and south Roseville) was the most affordable, with a median price of $544,726, down from $582,000 a year earlier. The 84 homes that sold there took a median of 18 days to find a buyer, slower than the 13 days recorded a year ago.
  • 95747 (west Roseville, including the newer master-planned areas) accounted for the bulk of activity, with 341 sales and 638 active listings. The median price of $639,678 was down from $655,000 a year ago, and homes took 31 days to sell — the slowest pace of the three ZIP codes and noticeably longer than the 21-day median a year earlier.

The split highlights how the headline citywide numbers can mask sharply different conditions: the established east side remains in tight seller’s-market territory, while the higher-inventory west side is moving at a more measured pace.