Is Dayton, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Dayton has remained a Seller's Market.
Housing Prices in Dayton, MN
How much do homes in Dayton, MN cost?
Median Sold Price
$460,450
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dayton was $460,450 in March 2024, down 6.3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $456.9K | $452.5K | -1.0% |
3 Bedrooms | $420.4K | $362.4K | -13.8% |
4 Bedrooms | $509.9K | $529K | +3.7% |
5+ Bedrooms | $645K | $600K | -7.0% |
Summary: Dayton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 7%.
Housing Supply in Dayton, MN
How many homes are available in Dayton, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
122 | 139 | +13.9% |
Summary: The Dayton real estate market had 139 homes for sale in March 2024, a 13.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 41 | 49 | +19.5% |
4 Bedrooms | 65 | 67 | +3.1% |
5+ Bedrooms | 16 | 22 | +37.5% |
Summary: The Dayton housing inventory by bedroom type for March 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 19.5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 26 | -23.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Dayton in March 2024, down by 23.5% month-over-month. Of the 26 sold homes, 62% were sold under asking, 12% were sold at asking, and 27% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 64 Days | -3.3% |
Summary: Homes in Dayton had an average of 64 days on market in Mar 2024, down by 3.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Dayton; 42% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.