Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 442,204 ↑ 0.5% since 2020 |
| Median Household Income | $105,212 41% above national median |
| Median Home Value | $362,100 |
| Unemployment Rate | 3.6% |
| Median Age | 38.4 years |
| Housing Vacancy Rate | 2.7% |
| Total Land Sales (Past 12 Months) | 60 transactions |
| Active Listings | 80 properties |
| Avg Days on Market | 466 days |
Rural Land Sales (1+ Acres) (Apr 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $64,904 |
| Recent Sales | 35 transactions |
| Avg Days on Market | 184 days |
| Avg Parcel Size | 13.09 acres |
| Active Listings | 39 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 70.00 | $2,178,000 | $31,114 | Xxx Red Wing Blvd | Hastings |
| Feb 2026 | 9.98 | $305,000 | $30,561 | 285th 10 Acres St | Northfield |
| Feb 2026 | 20.00 | $7,300 | $365 | 9834 240th St E | Hampton |
| Feb 2026 | 2.02 | $210,000 | $103,858 | 3211 Loop Rd N | Burnsville |
| Feb 2026 | 1.32 | $263,000 | $198,491 | 12786 Denmark Ave | Apple Valley |
| Jan 2026 | 95.57 | $920,000 | $9,626 | Ravenna Trl | Hastings |
| Jan 2026 | 2.33 | $775,000 | $333,333 | 1680 Lexington Ave S | Saint Paul |
| Dec 2025 | 2.04 | $130,000 | $63,725 | LOT 3 Orlando Ave | Hastings |
| Nov 2025 | 50.80 | $825,000 | $16,240 | 17994 Michael Ave | Hastings |
| Nov 2025 | 1.21 | $525,000 | $433,889 | 1164 Dodd Rd | Mendota Heights |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Nov 2025 | 1.00 | $488,000 | $488,000 | 13105 Diamond Path | Apple Valley |
| Oct 2025 | 4.13 | $205,000 | $49,637 | Cambodia Ave | Farmington |
| Oct 2025 | 1.51 | $194,900 | $129,073 | 6969 River Rd | Inver Grove Heights |
| Oct 2025 | 4.30 | $215,000 | $50,000 | 2336 210th St E | Farmington |
| Sep 2025 | 2.92 | $500,000 | $171,233 | 195X Glenhill Rd | Saint Paul |
| Sep 2025 | 5.00 | $440,000 | $88,000 | 9450 S Robert Trl | Inver Grove Heights |
| Sep 2025 | 1.75 | $65,000 | $37,143 | Babcock Trl | Inver Grove Heights |
| Sep 2025 | 3.00 | $160,500 | $53,500 | Blaine Ave | Farmington |
| Sep 2025 | 3.00 | $550,000 | $183,333 | 13205 132nd St W | Saint Paul |
| Aug 2025 | 1.19 | $485,000 | $407,563 | 13041 Diamond Path | Apple Valley |
| Aug 2025 | 12.00 | $270,000 | $22,500 | 210th St E | Farmington |
| Aug 2025 | 47.03 | $365,000 | $7,761 | 23700 Fairgreen Ave | Farmington |
| Aug 2025 | 10.75 | $400,000 | $37,209 | 28710 Dickman Ave | Randolph |
| Aug 2025 | 2.30 | $99,000 | $43,043 | 170XX 175th St E | Hastings |
| Jul 2025 | 1.07 | $167,000 | $156,075 | 1800 Chantrey Trl | Hastings |
| Jul 2025 | 1.54 | $330,000 | $214,286 | 13412 Judicial Rd | Burnsville |
| Jun 2025 | 2.17 | $159,000 | $73,272 | 31016 Arcadia Ct | Northfield |
| Jun 2025 | 10.00 | $1,176,000 | $117,600 | 7825 202nd St W | Lakeville |
| May 2025 | 40.07 | $1,200,000 | $29,948 | 19650 Judicial Rd | Lakeville |
| Apr 2025 | 1.00 | $93,654 | $93,654 | 601 31st St E | Hastings |
| Apr 2025 | 1.90 | $157,500 | $82,895 | 204th St W | Farmington |
| Apr 2025 | 39.07 | $2,248,645 | $57,554 | 21300 Juniper Way | Lakeville |
| Apr 2025 | 2.08 | $135,000 | $64,904 | 30902 Cannon River Blvd | Northfield |
| Apr 2025 | 2.47 | $28,500 | $11,538 | E 230th St E | Cannon Falls |
| Apr 2025 | 1.66 | $265,000 | $159,640 | 4990 Dodd Rd | Eagan |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $478,609 |
| Recent Sales | 25 transactions |
| Avg Days on Market | 111 days |
| Avg Parcel Size | 0.26 acres |
| Active Listings | 41 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.27 | $145,000 | 625 Remington Ct | Eagan |
| Feb 2026 | 0.27 | $577,175 | 20333 Gadget Cir | Lakeville |
| Feb 2026 | 0.26 | $210,900 | 8014 196th St W | Lakeville |
| Jan 2026 | 0.16 | $492,851 | 19023 Cloverleaf Way | Farmington |
| Dec 2025 | 0.26 | $781,042 | 7998 196th St W | Lakeville |
| Dec 2025 | 0.26 | $1,088,124 | 19503 Hammock Ave | Lakeville |
| Dec 2025 | 0.12 | $409,418 | 1183 149th St W | Rosemount |
| Dec 2025 | 0.25 | $100,000 | 6649 167th St W | Rosemount |
| Dec 2025 | 0.56 | $90,000 | 2725 General Sieben Dr | Hastings |
| Dec 2025 | 0.51 | $290,000 | 4975 Dodd Rd | Eagan |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Dec 2025 | 0.17 | $523,139 | 1748 Spruce St | Farmington |
| Nov 2025 | 0.20 | $797,000 | 18330 Geyser Way | Lakeville |
| Nov 2025 | 0.19 | $151,000 | 1165 136th St E | Rosemount |
| Oct 2025 | 0.10 | $133,250 | 17919 Greeley Pl | Lakeville |
| Oct 2025 | 0.12 | $133,500 | 17920 Greeley Pl | Lakeville |
| Oct 2025 | 0.12 | $133,250 | 17987 Grantham Ln | Lakeville |
| Oct 2025 | 0.22 | $527,500 | 1751 Spruce St | Farmington |
| Oct 2025 | 0.27 | $125,000 | 764 Bohlken Dr | Hastings |
| Oct 2025 | 0.40 | $1,048,015 | 13930 Ember Ct | Apple Valley |
| Oct 2025 | 0.20 | $478,609 | 13300 Cadogan Way | Rosemount |
| Oct 2025 | 0.67 | $640,000 | 1908 South Ln | Mendota Heights |
| Oct 2025 | 0.20 | $728,000 | 8363 186th St W | Lakeville |
| Sep 2025 | 0.20 | $151,000 | 1145 136th St E | Rosemount |
| Sep 2025 | 0.26 | $952,606 | 13410 Cadogan Way | Rosemount |
| Sep 2025 | 0.24 | $617,051 | 17739 Empire Trl | Lakeville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 442,204 |
| Population (2020) | 439,882 |
| Population Growth | 0.53% |
| Median Household Income | $105,212 |
| Median Home Value | $362,100 |
| Total Housing Units | 176,447 |
| Vacant Housing Units | 4,817 |
| Housing Vacancy Rate | 2.7% |
| Median Age | 38.4 |
| Bachelor's Degree or Higher | 90,169 (20.4%) |
| Unemployment Rate | 3.6% |
Market Overview
Dakota County, Minnesota has a population of 442,204, which has grown 0.53% since 2020. The median household income is $105,212, above the national median of $74,580 by 41.1%. The housing vacancy rate of 2.7% suggests tight market conditions. Dakota County remains a key area for land acquisition in Minnesota. Recent rural land sales show a median price of $60,640 per acre, with properties averaging 22.20 acres. There are currently 80 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Dakota County, Minnesota?
As of the 2023 American Community Survey, Dakota County has a population of 442,204. The county has grown 0.53% since the 2020 Census, indicating a growing community.
What is the median household income in Dakota County?
The median household income in Dakota County is $105,212, which is 41.1% above the national median of $74,580.
Is Dakota County growing or shrinking?
Dakota County is growing. The population has increased 0.53% since 2020.
What is the housing market like in Dakota County?
The median home value in Dakota County is $362,100. The housing vacancy rate is 2.7%, which suggests tight market conditions. The unemployment rate is 3.6%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $60,640 per acre. Suburban/urban lots under 1 acre have a median lot price of $160,000.
Does Reelvest buy land in Dakota County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Dakota County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.