January 2026 Market Report in South Metro
South Metro MN Real Estate Market Report
January 2026 | Dakota & Scott County
The year is officially underway — and January’s numbers are setting the tone for the 2026 real estate market across the South Metro.
Dakota County – January 2026 vs. January 2025
Average Days on Market: 58 (+13.7%)
Sales-to-List Price Ratio: 96.6%
New Listings: 517 (+2.2%)
Months Supply: 2.0 (Balanced Market)
Pending Sales: 293 (-8.4%)
Closed Sales: 256 (-7.9%)
What This Means:
Dakota County home values continue to rise modestly year-over-year, but homes are taking longer to sell. Buyers are starting the year cautiously, and pricing strategy is critical to attract serious offers.
Scott County – January 2026 vs. January 2025
Average Days on Market: 53 (+6%)
Sales-to-List Price Ratio: 97.3%
New Listings: 224 (+7.7%)
Months Supply: 2.4 (+4.3%)
Pending Sales: 103 (-6.4%)
Closed Sales: 94 (-1.1%)
What This Means:
Scott County experienced a noticeable price adjustment year-over-year, giving buyers additional opportunity. Inventory is growing slightly, offering more choice, while well-positioned homes continue to sell near list price.
Key Takeaways for Buyers & Sellers
🔑 For Buyers
- Longer days on market create stronger negotiation opportunities.
- Scott County price adjustments offer strategic entry points.
- Inventory growth provides more choice heading into spring.
💼 For Sellers
- Strategic pricing is essential as buyers are more selective.
- Homes are still selling near list when prepared properly.
- Spring positioning begins now — preparation matters.
Planning a Move in 2026?
Whether you're buying or selling, strategy beats timing in today’s market. Let’s build a plan tailored to your goals.
Bottom Line
January 2026 reflects a measured start to the year. Buyers are cautious but active, and sellers who align pricing with market conditions are still seeing success. As we approach spring, preparation and positioning will determine who wins in this market.
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