Dakota County, MN Average Home Price (2026)
The average home price in Dakota County, Minnesota is about $399,000 (the 2026 median across 19 ZIP codes, at ~$194/sq ft) — 34% more expensive than the Minnesota median and 38% more expensive than the typical U.S. home.
How Dakota County compares
Dakota County is relatively expensive for housing nationally: its typical home costs $399,000 against $297,000 for Minnesota and $289,000 for the U.S. Within the county, ZIP-level values run from about $298,000 to $642,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Dakota County | $399,000 | $194 |
| Minnesota | $297,000 | $188 |
| United States | $289,000 | $193 |
Cities in Dakota County
Cities with their own home-value page, largest first:
Dakota County home prices by ZIP code
The 15 most valuable ZIP codes in Dakota County (of 19 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 55150 Mendota | $642,000 | $338 | +61% |
| 55077 Inver Grove Heights | $557,000 | $227 | +40% |
| 55044 Lakeville | $513,000 | $205 | +29% |
| 55120 Mendota Heights | $510,000 | $213 | +28% |
| 55065 Randolph | $474,000 | $250 | +19% |
| 55123 Eagan | $469,000 | $198 | +18% |
| 55031 Farmington | $467,000 | $231 | +17% |
| 55306 Burnsville | $412,000 | $194 | +3% |
| 55068 Rosemount | $407,000 | $202 | +2% |
| 55024 Farmington | $399,000 | $192 | +0% |
| 55033 Hastings | $384,000 | $192 | -4% |
| 55124 Apple Valley | $375,000 | $182 | -6% |
| 55118 West Saint Paul | $365,000 | $223 | -9% |
| 55122 Eagan | $353,000 | $191 | -12% |
| 55337 Burnsville | $351,000 | $170 | -12% |
Home value appreciation in Dakota County
Home prices in Dakota County have risen about 64% over the last 10 years (≈5.1% a year) and +45.0% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +1.5% — still rising. A home worth $399,000 today was worth roughly $242,848 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Minnesota is +71.4% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Dakota County
Run the numbers for Dakota County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Dakota County
To buy the typical $399,000 home in Dakota County with 20% down, you need a household income of roughly $109,000 a year (about $2,530 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $129,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $20,000 | $3,150/mo | $135,000/yr |
| 10% (+PMI) | $39,900 | $3,010/mo | $129,000/yr |
| 20% | $79,800 | $2,530/mo | $109,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Dakota County
At about $194 per square foot, here is roughly how much home different budgets get you in Dakota County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 1030 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1290 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1550 sq ft | below the local median — condos, smaller or older homes |
| $400k | 2060 sq ft | around the typical home here |
| $500k | 2580 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Minnesota.
Estimate a specific home in Dakota County
Enter your ZIP and size for an instant estimate tailored to your exact area:
Dakota County home prices: frequently asked
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Browse all Minnesota cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.