Market Overview
Home Prices in Dakota, MN
The median home value in Dakota, MN is $288,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and up 8.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dakota are priced30% below average. Dakota is part of the Winona, MN metro area.
Over the past five years, Dakota home values have risen by approximately45.2%, reflecting strong long-term appreciation in this market.
Price History
Dakota Home Price Trend
2020
$180,935
$181K
—
2021
$198,779
$199K
+9.9%
2022
$224,439
$224K
+12.9%
2023
$238,901
$239K
+6.4%
2024
$255,459
$255K
+6.9%
2025
$277,663
$278K
+8.7%
2026
$288,672
$289K
+4.0%
City Comparison
Dakota vs. National Median
🏠 Dakota
$288,672
National Median
$410,000
At $288,672, homes in Dakota cost 30% below the national median of $410,000. This makes Dakota a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dakota?
20% Down Payment
$57,734
on $288,672
Monthly P&I
$1,506/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,913/mo
incl. taxes & insurance
Income Needed
$76,520
gross annual (30% rule)
10% Down Option
$28,867
+ PMI applies
Loan Amount (20% dn)
$230,938
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Dakota, MN?
The median home value in Dakota is $288,672 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Dakota?
Over the past year, home values in Dakota have increased by 4%. Over five years, prices have risen approximately 45.2%.
How much do I need to earn to buy a home in Dakota?
To comfortably afford the median home price of $288,672 with a 20% down payment ($57,734) at today's rates (6.8%), you'd need a gross annual income of approximately $76,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Dakota compare to the national average home price?
The national median home value is approximately $410,000. At $288,672, homes in Dakota are 30% below the national average.
What metro area is Dakota part of?
Dakota is part of the Winona, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.