There were 309 homes sold in April, with a median sale price of $349,900 — a 5.3% decrease from the $369,450 median sale price during the same period of the previous year. In comparison, 382 homes were sold in Dakota County in April 2024.
Based on the latest available data from 2024, the median sales tax in Dakota County was $3,968, which stands at 1.1% of April's median home sale price.
The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.
“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.
The following histogram displays changes in median sales prices in Dakota County from April 2024 to April 2025.
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