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$363,500
Median Sale Price
3.0% MoM
4.1% YoY
6/202572
Homes Sold
10.8% MoM
14.3% YoY
6/20250.6
Months Inventory
1.3% MoM
23.5% YoY
6/202511
Days on Market
0 MoM
5 YoY
6/202546
Listings
12.2% MoM
43.8% YoY
6/2025207
Price per Sq Ft
3.2% MoM
1.1% YoY
6/2025
See 55118 on Zillow
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.