Roseville, Michigan Housing Market Prices
Roseville Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 40% above the Michigan median$193,958
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Median rent 9% above the Michigan median$1,232
Housing Market Overview
| Metric | Roseville | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $193,958 | $138,713 | $248,835 |
| Price Trend (Annual %) | 25.0% | 8.6% | 7.5% |
| Median Gross Rent | $1,232 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Roseville is about 40% higher than in Michigan. Rent is about 9% higher than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Roseville, up about 25.0% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Roseville rose about 41.3% between 2015 and 2024, from $872 to $1,232. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Roseville.
Buying the median-priced home in Roseville costs roughly 13.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Roseville. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Roseville | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $193,958 | $138,713 | $248,835 |
| Median Household Income | $62,447 | $72,977 | $80,455 |
| Price-to-Income Ratio | 3.1 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Roseville rose about 285.4%, while median household income rose about 31.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Roseville | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.8% | 64.6% | 58.5% |
| Rental Rate | 32.9% | 23.6% | 31.2% |
| Vacancy Rate | 4.3% | 11.8% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Roseville has a homeownership rate of 62.8%, lower than the Michigan average of 64.6%. Its housing vacancy rate is 4.3%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Roseville | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.21 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1963 | 1972 | 1978 |
| Median Number of Rooms | 5.2 | 5.9 | 5.5 |
The typical housing unit in Roseville was built around 1963. On average, 2.2 people live in a home with about 5.2 rooms, staying for about 14.0 years on average.
Roseville, MI Housing Compared With Nearby Cities
How Roseville, MI compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Roseville, MI | 47,149 | $193,958 #1/3 | $1,232 #2/3 | 65.6% #3/3 |
| Eastpointe, MI | 33,982 | $155,743 | $1,325 | 70.3% |
| St. Clair Shores, MI | 56,891 | $190,556 | $1,181 | 83.3% |
Frequently Asked Questions
Common questions about the housing market in Roseville, Michigan.
What is the median home price in Roseville, Michigan?
The median home price in Roseville, Michigan is $193,958, higher than the Michigan average of $138,713.
What is the average home price in Roseville, Michigan?
The typical home price in Roseville, Michigan, reported as the median sale price, is $193,958. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Roseville, Michigan?
The median gross rent in Roseville, Michigan is $1,232 per month, higher than the Michigan average of $1,129.
What was the median gross rent in Roseville in 2020?
In 2020, the median gross rent in Roseville, Michigan was $1,027 per month.
What is the price-to-rent ratio in Roseville, Michigan?
The price-to-rent ratio in Roseville, Michigan is about 13.1, meaning it would take roughly 13.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Roseville.
Are home prices or rent rising faster in Roseville, Michigan?
Both home prices and rent are rising in Roseville, up about 25.0% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Roseville, Michigan?
62.8% of households in Roseville, Michigan own their home, lower than the Michigan average of 64.6%.
What is the vacancy rate in Roseville, Michigan?
The housing vacancy rate in Roseville, Michigan is 4.3%, lower than the Michigan average of 11.8%.
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