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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dayton is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Dayton was a Seller's Market.

Key Takeaway

Dayton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dayton, MN

How much do homes in Dayton, MN cost?

Median Sold Price

$507,480

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,480(+10.3%)

Key Takeaway

Homes in Dayton have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Dayton was $507,480 in October 2024, up 10.3% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$359.9K
N/A
2 $449.9K$471.2K
+4.7%
3 $368.5K$369.9K
0.4%
4 $501.4K$551.7K
+10.0%
5+ $601K$615K
+2.3%

Summary: Dayton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Cities

Dayton
+10.3%
Ramsey
+1.6%
Champlin
0%
Anoka
-0.1%
Rogers
-4.4%

Housing Supply in Dayton, MN

How many homes are available in Dayton, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
158168+6.3%

Summary: The Dayton real estate market had 168 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 4961
+24.5%
4 8175
-7.4%
5+ 2226
+18.2%

Summary: The Dayton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 24.5%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3421-38.2%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Dayton in October 2024, down by 38.2% month-over-month. Of the 21 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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

Oct 2023Oct 2024CHANGE
57 Days37 Days-34.6%

Summary: Homes in Dayton had an average of 37 days on market in Oct 2024, down by 34.6% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 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 October 2024, 21 homes were sold in Dayton; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in Dayton, MN

Nearby Markets to Dayton, MN

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