June 2026 South Metro MN Housing Market Report | Dakota & Scott County Real Estate Trends
South Metro MN Real Estate Market Report
June 2026 | Dakota & Scott County
June’s numbers show a healthy summer market with rising home values, growing inventory, and continued buyer activity across the South Metro.
Dakota County – June 2026 vs. June 2025
Average Days on Market: 34 (+17.2%)
Median Price Per Sq. Ft.: Approximately $202
Sales-to-List Price Ratio: 99.6% (No Change)
New Listings: 936 (+18.3%)
Months Supply: 3.0 (+15.4%)
Pending Sales: 586 (+2.1%)
Closed Sales: 665 (+8.8%)
What This Means:
Dakota County continues to see strong appreciation in home values while inventory expands significantly. Buyers have more homes to choose from than they did last year, yet homes that are priced correctly are still selling at nearly full asking price. Although homes are taking slightly longer to sell, buyer demand remains steady with both pending and closed sales increasing year over year.
Scott County – June 2026 vs. June 2025
Average Days on Market: 36 (+5.9%)
Median Price Per Sq. Ft.: Approximately $207
Sales-to-List Price Ratio: 98.6% (-1.0%)
New Listings: 328 (+6.8%)
Months Supply: 3.2 (No Change)
Pending Sales: 209 (+2.0%)
Closed Sales: 245 (+21.9%)
What This Means:
Scott County continues to demonstrate a healthy and active market. Home prices remain strong, inventory has grown modestly, and closed sales increased nearly 22% compared to last June. While buyers have more options, sellers are still benefiting from solid demand heading into the second half of the year.
Key Takeaways for Buyers & Sellers
For Buyers
- Inventory continues to improve, providing more choices than last summer.
- Homes are taking a little longer to sell, creating additional negotiation opportunities.
- Buyers can move with greater confidence while still finding quality inventory.
For Sellers
- Home values continue to rise across both counties.
- Well-priced homes are still selling very close to list price.
- Increased inventory means presentation, pricing, and marketing remain critical for success.
Thinking About Buying or Selling This Summer?
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Bottom Line
The June 2026 South Metro housing market remains strong and balanced. Buyers are benefiting from additional inventory and slightly longer market times, while sellers continue to experience healthy demand and appreciating home values.
Whether you're planning a move this summer or simply keeping an eye on the market, understanding your local trends can help you make more confident real estate decisions.
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