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Dakota Times

Saturday, November 23, 2024

Dakota County home prices rose in Q1

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The median sale price of a home sold in the first quarter of 2023 in Dakota County rose by $5,000 while total sales decreased by 26%.

From January through March of 2023, there were 771 homes sold, with a median sale price of $325,000 - a 1.6% increase over the $320,000 median sale price for the same period of the previous year. There were 1,042 homes sold in Dakota County in the first quarter of 2022.

The median sales tax in Dakota County for the most recent year with available data, 2022, was $3,416 approximately 1.1% of the median home sale price for the first quarter of 2023.

The following histogram displays changes in median sales prices in Dakota County from January 2022 to March 2023.

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023$320000$320000$361000$361000$355000$355000$330000$330000$325000$325000

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