Roseville’s housing market tightened noticeably in March, with active inventory down nearly 27% from a year earlier even as the median sale price edged lower. Newly released Redfin data shows just 257 homes were available at month’s end, compared with 351 in March 2025 — a drop that helped push homes off the market faster and kept competition firm despite a softer headline price.

The median sale price came in at $629,000, down 3.3% from $650,245 a year ago and roughly flat compared with $634,748 in March 2024. Median price per square foot eased 1.6% year-over-year to $331, suggesting the price decline reflects genuine softening rather than a shift toward smaller homes. At the same time, the sale-to-list ratio held at 99.9%, and 38.9% of homes still sold above asking — down from 43.6% a year ago but a sign that bidding pressure has not disappeared in this city of roughly 158,000 residents.

A tight market, despite cooler prices

With 167 homes sold against 257 active listings, Roseville had just 1.5 months of supply in March — well within sellers’-market territory, where buyers face limited choice. Sales volume rose 7% year-over-year and jumped 27.5% from February’s 131 closings, a typical seasonal spring acceleration but a sharp one. Homes sold in a median of 18 days, only one day slower than last March and dramatically faster than the 31 days recorded in February. Nearly 44% of listings went under contract within two weeks.

The inventory pullback is the clearest signal of where the market stands. New listings totaled 206 in March, down from 257 in March 2025, meaning fewer sellers are coming forward even as buyer demand picks up. That mismatch is keeping the market competitive even though the median price has retreated from year-ago levels.

One countervailing data point: 33.9% of listings had a price drop during the month, up from 28.5% a year earlier. That suggests some sellers are still entering the market with overly ambitious asking prices and recalibrating once homes sit.

What lower rates mean for buyers

The 30-year fixed mortgage rate averaged 6.18% in March, according to Freddie Mac, down from 6.65% a year earlier but up slightly from 6.05% in February. Combined with the 3.3% drop in median sale price, the principal-and-interest payment on a median-priced Roseville home with 20% down works out to about $3,075 per month — roughly $264 less than a buyer would have paid at last March’s prices and rates.

Affordability remains stretched, however. Roseville’s median household income is $119,288, according to the U.S. Census Bureau, putting the price-to-income ratio at 5.3 — above the 5x threshold generally considered unaffordable. The estimated monthly payment consumes about 30.9% of median household monthly income, near the upper bound of what lenders typically consider sustainable.

How Roseville stacks up

Roseville’s median sale price of $629,000 sits well below California’s statewide median of $855,300, but the state’s median rose 0.7% year-over-year while Roseville’s slipped — meaning the local market underperformed California on price this March. On speed, however, Roseville is outpacing the state: the typical home there sold in 18 days, less than half the statewide median of 37 days.

For longer-term perspective, Roseville’s median sale price is up about 11% from $566,000 in March 2021, a far slower pace of appreciation than the state and region saw during the pandemic-era run-up. Nationally, the S&P/Case-Shiller U.S. National Home Price Index was essentially flat year-over-year in March, reflecting a broader cooling in home-price growth.

Neighborhood breakdown

Roseville’s three main zip codes told sharply different stories in March:

  • 95661 (central/east Roseville): Median sale price of $642,500 across 60 sales, with homes selling in a median of 18 days. Year-ago median was $788,000, a notable drop, though the figure can swing with the mix of homes sold in a given month. Inventory was tight at just 24 active listings.
  • 95678 (west/older Roseville): The most affordable area, with a median price of $535,000 — down from $570,000 a year ago. Sales totaled 78, and homes moved in 19 days.
  • 95747 (west Roseville/new construction): The largest market by far, with 287 sales and 202 active listings. Median price of $635,000 was nearly flat versus $642,500 a year ago, but homes took a median of 47 days to sell — far slower than the citywide pace and up from 26 days last March, likely reflecting the heavier mix of new-construction inventory in this zip code.

Taken together, March’s data points to a Roseville market where supply is tightening faster than demand is cooling. Prices are off year-over-year, but the speed of sales, low months of supply, and rising share of price drops suggest a market still tilted toward sellers — just one where buyers have gained modest ground compared with the frenzied conditions of recent springs.