Is Dakota, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dakota is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Dakota, WI

How much do homes in Dakota, WI cost?

Median Sold Price

$267,150

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,150(+4.8%)

Key Takeaway

Homes in Dakota have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Dakota was $267,150 in October 2024, up 4.8% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$300K
N/A
2 $285K$173K
-39.3%
3 $230.5K$274.6K
+19.2%
4 $265.7K$321.4K
+21.0%
5+ --
N/A

Summary: Dakota 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 decreased by 39.3%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 21%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Crystal Lake
+50.3%
Wautoma
+16.0%
Marion
+11.7%
Dakota
+4.8%

Housing Supply in Dakota, WI

How many homes are available in Dakota, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Dakota real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 35
+66.7%
4 21
-50.0%
5+ 00
0.0%

Summary: The Dakota 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 decreased by 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dakota, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Dakota in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Dakota, WI

We’re sorry, we don't have information for this market at the moment

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 Dakota, WI

Nearby Markets to Dakota, WI

What housing markets are near Dakota, WI?