Market Overview
Home Prices in Dawson, MN
The median home value in Dawson, MN is $187,519 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.6% compared to a year ago and up 6.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dawson are priced54% below average.
Over the past five years, Dawson home values have risen by approximately30.5%, reflecting strong long-term appreciation in this market.
Price History
Dawson Home Price Trend
2020
$126,511
$127K
—
2021
$143,673
$144K
+13.6%
2022
$167,103
$167K
+16.3%
2023
$169,029
$169K
+1.2%
2024
$165,022
$165K
-2.4%
2025
$175,972
$176K
+6.6%
2026
$187,519
$188K
+6.6%
City Comparison
Dawson vs. National Median
🏠 Dawson
$187,519
National Median
$410,000
At $187,519, homes in Dawson cost 54% below the national median of $410,000. This makes Dawson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Dawson?
20% Down Payment
$37,504
on $187,519
Monthly P&I
$978/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,242/mo
incl. taxes & insurance
Income Needed
$49,680
gross annual (30% rule)
10% Down Option
$18,752
+ PMI applies
Loan Amount (20% dn)
$150,015
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 Dawson, MN?
The median home value in Dawson is $187,519 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.6% year-over-year.
How much have home prices changed in Dawson?
Over the past year, home values in Dawson have increased by 6.6%. Over five years, prices have risen approximately 30.5%.
How much do I need to earn to buy a home in Dawson?
To comfortably afford the median home price of $187,519 with a 20% down payment ($37,504) at today's rates (6.8%), you'd need a gross annual income of approximately $49,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Dawson compare to the national average home price?
The national median home value is approximately $410,000. At $187,519, homes in Dawson are 54% below the national average.