What the Pros Know

447,440

Population

0.9% YoY

2023

37.2

Median Age

2.4% YoY

2022

$101,360

Median Household Income

8% YoY

2022

241,587

Labor Force

0.7% MoM

1.5% YoY

8/2024

232,526

Employed

0.8% MoM

2.2% YoY

8/2024

3.8%

Unemployment Rate

2.7% MoM

22.6% YoY

8/2024

$453,000

Median Sale Price

3.0% MoM

1.8% YoY

8/2024

368

Homes Sold

3.4% MoM

10.9% YoY

8/2024

1.5

Months Inventory

1% MoM

10.1% YoY

8/2024

21

Days on Market

3 MoM

1 YoY

8/2024

566

Listings

3.1% MoM

1.1% YoY

8/2024

100.1%

Sale Price to List Price

0.3% MoM

0.9% YoY

8/2024

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Cities included in Dakota County: Lakeville, Eagan, Burnsville, Apple Valley, Inver Grove Heights, Rosemount, Farmington, Hastings, South St. Paul, West St. Paul, Mendota Heights, Lilydale, Sunfish Lake, Hampton, Vermillion, Randolph, Mendota, Coates, Miesville, New Trier


Zip Codes included in Dakota County: [Click for zip code level data] 55024, 55031, 55033, 55044, 55065, 55068, 55075, 55076, 55077, 55085, 55118, 55120, 55121, 55122, 55123, 55124, 55150, 55306, 55337


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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