📍 South Metro MN Real Estate Market Report – October 2025

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

If you're thinking about buying or selling in the South Metro, understanding the local data is one of the most powerful tools you can have. Market trends reveal where demand is shifting, how pricing is behaving, and what opportunities are opening up on both sides of the transaction.

The October 2025 numbers for Dakota and Scott County show a continued trend toward balance, with more inventory, steady-to-softening prices, and buyers becoming increasingly selective heading into fall.

Below is your full breakdown.

📍 Dakota County 

Market Snapshot:

• Median Sales Price: $395,000 (-0.9%)

• Average Days on Market: 35 (-7.9%)

• Median Price Per Sq Ft: $196

• Sales-to-List Price Ratio: 98.4% (+0.4%)

• New Listings: 743 (+11.4%)

• Months Supply: 2.7 (no change)

• Pending Sales: 446 (-4.9%)

• Closed Sales: 454 (-9.4%)

What It Means:
Dakota County continues to bring more inventory to the market, giving buyers more choices. Even with prices dipping slightly, homes are selling faster compared to last year. The dip in pending and closed sales shows buyers are being thoughtful, but homes priced correctly are still selling close to list price.

📍 Scott County – October 2025 vs. October 2024

Market Snapshot:

• Median Sales Price: $448,000 (-0.04%)

• Average Days on Market: 42 (-4.5%)

• Median Price Per Sq Ft: $203

• Sales-to-List Price Ratio: 97.8% (-0.2%)

• New Listings: 291 (+9%)

• Months Supply: 3.3 (+10%)

• Pending Sales: 180 (+9.1%)

• Closed Sales: 197 (+5.3%)

What It Means:
Scott County is seeing stronger buyer engagement as fall settles in. Pending sales and closings are both up, while prices were essentially flat, an indication of a stable, active market. The rise in months supply suggests more balance, giving buyers room to negotiate and compare options.

🔥 Top Takeaways for Buyers & Sellers

🔑 For Buyers:

• More Choices Across Both Counties
  Inventory is up, especially in Dakota (new listings +11.4%) and Scott (new listings +9%).

• Slight Price Softening = Buyer Opportunity
  Both counties saw small dips or flat pricing, giving buyers room to shop strategically.

• Homes Are Still Moving Quickly
  Dakota homes are averaging 35 days, Scott at 42, so prepared buyers will still win.

💼 For Sellers:

• Pricing Correctly Matters More Than Ever
  Sales-to-list ratios remain near 98–99%, but sellers must price strategically to attract fall buyers.

• Buyer Activity Is Mixed
  Dakota saw pendings dip, while Scott saw pendings rise, showing different levels of demand by location.

• Market Still Rewarding Well-Maintained Homes
  Even with added inventory, buyers are paying close to list price when value aligns.

📊 Bottom Line

The South Metro market remains balanced, steady, and opportunity-rich for both buyers and sellers. As inventory rises and prices stabilize, buyers gain more negotiating power, while sellers who price smartly and prepare their homes well still attract solid offers.

Whether you're planning to buy or sell this season, strategy - not timing - is what matters most.

📩 Want to review your home’s value or explore the best areas to buy right now?
Reach out anytime, I’m here to help you make the most informed move.