What the Pros Know
Market Snapshot
Zip Code 55118 | Dakota County, MN
29,026
Population
YoY
202242
Median Age
YoY
2022$82,969
Median Household Income
YoY
2022$385,000
Median Sale Price
10.0% MoM
5.8% YoY
7/202465
Homes Sold
14.0% MoM
12.1% YoY
7/20240.6
Months Inventory
10.1% MoM
11.9% YoY
7/202414
Days on Market
250 MoM
100 YoY
7/202437
Listings
19.4% MoM
27.6% YoY
7/2024101.4%
Sale Price to List Price
1.5% MoM
2.1% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. 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.