Is Dayton, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dayton is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Dayton has remained a Seller's Market.

Key Takeaway

Dayton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dayton, MN

How much do homes in Dayton, MN cost?

Median Sold Price

$499,663

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$33,175(+7.1%)

Key Takeaway

Homes in Dayton have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Dayton was $499,663 in September 2024, up 7.1% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$359.9K
N/A
2 $449.9K$481.9K
+7.1%
3 $377K$367.9K
-2.4%
4 $515K$546.3K
+6.1%
5+ $599.9K$610.7K
+1.8%

Summary: Dayton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Cities

Dayton
+7.1%
Ramsey
0.1%
Champlin
0%
Anoka
-0.5%
Rogers
-4.2%

Housing Supply in Dayton, MN

How many homes are available in Dayton, MN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
138176+27.5%

Summary: The Dayton real estate market had 176 homes for sale in September 2024, a 27.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 4458
+31.8%
4 7285
+18.1%
5+ 1927
+42.1%

Summary: The Dayton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 42.1%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2034+70.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dayton, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Dayton in September 2024, up by 70.0% month-over-month. Of the 34 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.

Days on Market for Dayton, MN

How long does it take to sell a home in Dayton, MN?

Average Sale Time

Sep 2023Sep 2024CHANGE
46 Days35 Days-22.5%

Summary: Homes in Dayton had an average of 35 days on market in Sep 2024, down by 22.5% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dayton are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 34 homes were sold in Dayton; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Dayton, MN

Nearby Markets to Dayton, MN

What housing markets are near Dayton, MN?