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County Overview

Dakota County, MN

Aggregate real estate market report across county ZIPs
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Dakota County, MN real estate market currently shows 1,223 active listings, with 495 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 113 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 39 days on market compared to 38 days last year.

The median listing price has fallen 1.3% year-over-year, from $459,725 to $453,620.

Whether you are buying or selling in Dakota County, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 441,185  ·  Density: 736.7/mi²  ·  Median household income: $103,919

Typical home value: $346,057  ·  Homeownership: 76.6%

Included Areas

Saint Paul: 55118, 55120, 55121, 55122, 55123, 55124

Burnsville: 55306, 55337

Inver Grove Heights: 55076, 55077

Castle Rock: 55010

Farmington: 55024

Hampton: 55031

Hastings: 55033

Lakeville: 55044

Mendota: 55150

Randolph: 55065

Rosemount: 55068

South Saint Paul: 55075

Vermillion: 55085

Area Map

Market Overview

Active Listings
1,223
⇧ 10.2% vs 1,110 last year
Pending
495
40% pending ratio
Median Price
$453,620
⇩ 1.3% vs $459,725 last year
Average Price
$514,094
⇩ 1.9% vs $524,223 last year
Days on Market
39
⇧ 2.6% vs 38 days last year

Price Per Square Foot

Median $/sqft
$206
vs $206/sqft last year
Median Home Size
2,198 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 3.7% vs 0.1% last year
Price Increased
0%
⇧ 100%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %