South Metro MN Real Estate Market Report

April 2026 | Dakota & Scott County

The spring market is officially underway across the South Metro, and April’s numbers are showing increased inventory, stronger buyer activity, and a market continuing to shift toward balance.

Dakota County – April 2026 vs. April 2025

What This Means:
Dakota County is seeing a strong spring inventory surge, giving buyers more opportunities than earlier this year. Pending sales are also rising significantly, showing buyers are still active despite homes taking slightly longer to sell. Sellers continue to benefit from strong pricing, with homes still selling very close to asking price.

Scott County – April 2026 vs. April 2025

What This Means:
Scott County continues to show strong price appreciation and growing inventory. Buyers have more options than last spring, but competition still exists in desirable price points. Homes are taking longer to sell, signaling a more balanced market where pricing and presentation are increasingly important.

Key Takeaways for Buyers & Sellers

For Buyers

• Inventory is growing quickly in both counties, creating more opportunities.
• Buyers have more leverage compared to earlier this year.
• Homes are taking longer to sell, allowing for more thoughtful decisions.

For Sellers

• Demand remains strong with pending sales rising over 17% in both counties.
• Strategic pricing is critical as inventory increases.
• Well-prepared homes are still selling near list price.

Bottom Line

April 2026 reflects a healthier, more balanced spring market across the South Metro. Buyers are benefiting from increased inventory and more flexibility, while sellers continue to see strong pricing when homes are properly positioned.

Whether you're buying, selling, or planning for later this year, understanding your local market remains the key to making confident real estate decisions.