45Alpha

Dakota County, MN Housing Market Brief

county · MN · score computed October 2026

Balanced

What is Dakota County, MN’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●26
Inventory Health25%
●73

Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band

Affordability20%
●27
Economic Strength20%
●54
Rental Yield15%
●32

Where is Dakota County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Dakota County, MN is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Dakota County, MN?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Dakota County, MN housing market data

MetricValueYoYSource
Median Sale Price$409K▲ +3.6%Redfin
Median Days on Market33 days▲ +13.8%Redfin
Months of Supply3.0▲ +30.4%Redfin
Homes for Sale1,498▲ +24.1%Redfin
Homes Sold500▼ -3.7%Redfin
Median Price / Sq Ft$190▼ -0.5%Redfin

How has Dakota County, MN’s Alpha Score moved?

Now: 45
2-period trend
Median sale price · 12 mo

Markets like Dakota County, MN

Frequently asked questions

Is Dakota County, MN a buyer's or seller's market?

In the scores computed October 2026, Dakota County, MN is classified as a Balanced Market, based on its Alpha Score of 45 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Dakota County, MN?

The median sale price in Dakota County, MN is $409K, having risen 3.6% over the past year, according to Redfin.

How affordable is Dakota County, MN?

Dakota County, MN scores 27 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Dakota County, MN's Alpha Score?

Dakota County, MN's strongest dimension is Inventory Health (73/100) and its weakest is Price Momentum (26/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Dakota County, MN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.