In May, the median sale price of a home in Dakota County rose by $35,000 from the same period in the previous year, while total sales increased by 255%, according to BlockShopper.com.
Data shows that there were 394 homes sold in May, with a median sale price of $365,000 - a 10.6% increase over the $330,000 median sale price for the same period of the previous year. There were 111 homes sold in Dakota County in May 2023.
For context, the median sales tax in Dakota County, based on the latest available data from 2022, was $3,416, which stands at 0.9% of May's median home sale price.
The following histogram displays changes in median sales prices in Dakota County from May 2023 to May 2024.