Dakota County, MN home prices
Dakota County, MN: the typical home is worth $400,462 as of 2026-05, up +1.7% over the past year and +149.3% since 2000. Listings run about $199/sq ft…
Dakota County is cooling and overvalued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1975: $42,812 → 2026: $400,462 (9.4×) pre-2000 estimated via FHFA index
Market read
At $400,462, homes in Dakota County sit 47% above the Minnesota median ($272,151) and 71% above the US median ($233,954). That ranks #5 of 87 Minnesota counties by price.
Prices are holding steady (+1.7% in the last year) — a balanced market.
Homes here move at a steady pace — a median 35 days on the market, with 17% of listings cutting their asking price.
At 4.0× local income, that's pricier than the typical US county (~3.8×).
Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.
Renting looks cheaper — buying the typical home runs ~$1,977/mo (P&I, 20% down) vs $1,671/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Scott County, MN ($448,003) · Ramsey County, MN ($343,939) · Rice County, MN ($352,313) · Goodhue County, MN ($329,877) · Washington County, MN ($448,259) · Hennepin County, MN ($394,932)
Frequently asked questions
What is the average home price in Dakota County, MN?
Are home prices in Dakota County rising or falling?
Is Dakota County affordable?
What is the rental yield in Dakota County?
How fast do homes sell in Dakota County?
| Year | Median home value |
|---|---|
| 2000 | $160,615 |
| 2001 | $178,553 |
| 2002 | $201,711 |
| 2003 | $217,107 |
| 2004 | $235,298 |
| 2005 | $251,467 |
| 2006 | $263,831 |
| 2007 | $262,348 |
| 2008 | $252,609 |
| 2009 | $223,723 |
| 2010 | $214,020 |
| 2011 | $202,562 |
| 2012 | $180,465 |
| 2013 | $199,017 |
| 2014 | $221,958 |
| 2015 | $231,473 |
| 2016 | $246,729 |
| 2017 | $262,743 |
| 2018 | $277,743 |
| 2019 | $291,812 |
| 2020 | $306,711 |
| 2021 | $333,018 |
| 2022 | $371,155 |
| 2023 | $381,323 |
| 2024 | $385,031 |
| 2025 | $395,690 |
| 2026 | $400,886 |