Is Dodge County, 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, Dodge County has remained a Seller's Market.
Housing Prices in Dodge County, MN
How much do homes in Dodge County, MN cost?
Median Sold Price
$282,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dodge County was $282,000 in March 2024, up 8.5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $159.9K | $136K | -14.9% |
2 Bedrooms | $179.4K | $222K | +23.7% |
3 Bedrooms | $226.6K | $254.9K | +12.5% |
4 Bedrooms | $309K | $324.5K | +5.0% |
5+ Bedrooms | $412.5K | $424.6K | +2.9% |
Summary: Dodge County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.9%, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Counties
Dodge County | $260K | $282K | +8.5% |
Mower County | $171.3K | $185.1K | +8.1% |
Steele County | $261.9K | $264.5K | +1.0% |
Olmsted County | $316.1K | $315K | -0.3% |
Goodhue County | $287.5K | $285K | -0.9% |
Housing Supply in Dodge County, MN
How many homes are available in Dodge County, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 77 | +45.3% |
Summary: The Dodge County real estate market had 77 homes for sale in March 2024, a 45.3% 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 | 9 | 15 | +66.7% |
3 Bedrooms | 17 | 22 | +29.4% |
4 Bedrooms | 20 | 32 | +60.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Dodge County 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 66.7%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Dodge County in March 2024, up by 36.4% month-over-month. Of the 15 sold homes, 33% were sold under asking, 27% were sold at asking, and 40% were sold over asking.
Days on Market for Dodge County, MN
How long does it take to sell a home in Dodge County, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
98 Days | 40 Days | -58.7% |
Summary: Homes in Dodge County had an average of 40 days on market in Mar 2024, down by 58.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Dodge County; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.