Is Rogers, MN 55374 a buyer’s or seller’s market?
Rogers is a seller’s market. With about 2.7 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 55% of U.S. ZIP codes, and #226 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Rogers housing market right now
In the three months ending August 31, 2026, 18% of homes in Rogers, MN 55374 sold above their list price, the typical home went under contract in 40 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 163 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (18% then), homes sold faster (46 days then) and the median sale price fell 2% to $467,248. Overall, Rogers is about as competitive as it was a year ago.
Within Hennepin County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 89%. On our competition score, Rogers ranks #226 of 296 MN ZIP codes with enough sales (score 54 out of 100).
Nearby, buyers who want less competition could look at Minneapolis 55454 (0% sold over asking) or Minneapolis 55403 (6% sold over asking), while Minneapolis 55406 (59% sold over asking) and Minneapolis 55441 (58% sold over asking) are even more competitive.
Run the numbers for 55374
Nearby markets
Champlin 55316Seller’s market $201 /sq ftDayton 55327Seller’s market $214 /sq ftEden Prairie 55344Seller’s market $217 /sq ftEden Prairie 55346Seller’s market $211 /sq ft Browse all markets →Towns like Rogers nearby
Find towns like Rogers in other states →Where Rogers is
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Questions about Rogers real estate
Is Rogers a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Rogers, MN 55374 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Rogers?
The typical home went under contract in 40 days in the latest three months.
Do homes in Rogers sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Rogers?
About 1.14% of a home’s value a year in Hennepin County, or roughly $4,560 on a $400,000 home.
What is the median home price in Rogers?
The median sale price was $467,248 in the three months ending August 31, 2026, about $193 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology