🏡 South Metro MN Real Estate Market Report – November 2025

Dakota County & Scott County | Year-over-Year Comparison

If you’re thinking about buying or selling as we head toward the end of the year, understanding the current market is more important than ever. Seasonal slowdowns, shifting inventory, and buyer behavior all play a role in how homes are priced and sold.

The November 2025 data for Dakota and Scott County shows a more traditional late-fall market: fewer listings, longer timelines, and buyers becoming increasingly selective — but opportunities still exist on both sides.

📍 Dakota County – November 2025 vs. November 2024

Market Snapshot:

• Median Sales Price: $400,000 (+6.0%)

• Average Days on Market: 41 (+2.5%)

• Sales-to-List Price Ratio: 97.3% (-0.4%)

• New Listings: 454 (-8.1%)

• Months Supply: 2.4 (no change)

• Pending Sales: 376 (-3.3%)

• Closed Sales: 379 (-10.8%)

What This Means:
Home values in Dakota County continue to rise year over year, but activity has slowed as expected for late fall. Fewer new listings and longer market times indicate buyers are taking their time, while sellers need to be more strategic to capture demand.

📍 Scott County – November 2025 vs. November 2024

Market Snapshot:

• Median Sales Price: $439,900

• Average Days on Market: 46 (+12.2%)

• Sales-to-List Price Ratio: 96.9% (-0.7%)

• New Listings: 199 (+11.8%)

• Months Supply: 2.8 (no change)

• Pending Sales: 149 (+21.1%)

• Closed Sales: 118 (-11.9%)

What This Means:
Scott County shows mixed signals. While closed sales dipped, pending sales jumped significantly — suggesting buyer interest remains strong heading into winter. Increased inventory gives buyers more choice, while sellers must price carefully to convert interest into closed deals.

🔑 Key Takeaways for Buyers & Sellers

For Buyers:

• More Leverage Late in the Year – Longer days on market and fewer competing offers create room for negotiation.

• More Options in Scott County – New listings are up nearly 12%, giving buyers additional choice.

• Motivated Sellers – Year-end sellers are often more flexible on terms and timing.

For Sellers:

• Pricing Matters More Than Ever – Homes are selling slightly below list price in both counties.

• Serious Buyers Are Still Active – Especially in Scott County, where pending sales are up over 21%.

• Preparation Wins – Well-presented homes continue to sell, even in a slower seasonal market.

📊 Bottom Line

November reflects a seasonal slowdown, not a stalled market. Buyers have more breathing room, and sellers who price strategically can still achieve strong results. As always, the right plan matters more than market timing.

📩 Want to know what this means for your home or plans in 2026?
Let’s talk.