Roseville has been named 9th best real estate market in the U.S.according to WalletHub.com's new 2021 Best Real Estate Market list.
Based on several factors, Roseville ranked 9th in the nation and 3rd in cities with populations below 150,000.
Listen: Wayne Wiley, Roseville's Economic Development Supervisor
Roseville remains in demand - city named 9th best real estate market in the U.S.
The word is out. Roseville continues to be desirable place for people to live. And it shows in WalletHub.com's new 2021 Best Real Estate Market list.
Roseville ranked 9th in the nation and 3rd in cities with populations below 150,000. Roseville is the only Capitol Region city in the top 30 of all ranked cities and top 130 for cities our size or smaller. Roseville would have ranked 6th in the list of cities with a population of 150,000-300,000.
In the separate National Community Survey released earlier in 2021, Roseville residents rated their satisfaction with living in Rosevilleamong the highest in the country in several key areasincluding as a place to live, utility infrastructure, city services and economic health.
WalletHub.com compared 300 cities across two key dimensions, “Real-Estate Market” and “Affordability & Economic Environment.” They evaluated those dimensions using 18 relevant metrics listed below, then determined each city’s weighted average across all metrics to calculate its overall score and ranking.
Real Estate Market
·Home Value Forecast
·Median Home-Price Appreciation
·Median Days on the Market
·Share of Seriously Underwater Mortgages
·Ratio of Rent Price to Sale Price
·Share of People Delinquent on their Mortgage Debt
·Share of Young Homes (housing units built between 2010 and 2019.)
Affordability & Economic Environment
·WalletHub’s “States that are Recovering the Quickest from COVID-19”
·Population Growth Rate
·Job Growth Rate
·Median Credit Score