43Alpha

Dakota County, MN Housing Market Brief

county · MN · as of May 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%
+0.643
Inventory Health25%
45
Affordability20%
26
Economic Strength20%
54
Rental Yield15%
50

Where is Dakota County, MN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

Dakota County, MN housing market data

MetricValueYoY
Median Sale Price$404K-0.1%
Median Days on Market22 days0%
Months of Supply2.00%
Homes for Sale1,127▲ +1.6%
Homes Sold554▲ +1.3%
Median Price / Sq Ft$195▲ +0.4%
Sale-to-List Ratio100.6%-0.3%

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

Now: 43
3-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?

As of May 2026, Dakota County, MN is classified as a Balanced Market, based on its Alpha Score of 43 out of 100. The classification reflects current price, inventory, 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 $404K, having held roughly steady over the past year.

How affordable is Dakota County, MN?

Dakota County, MN scores 26 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 Economic Strength (54/100) and its weakest is Affordability (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.