Dayton, MN55327

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$495,000
2.7% YoY Growth
Median Household Income
$134,000
35.3% 5-Year Growth
Days on Market
62
20.0% Longer than last year
Home Price Forecast
-0.3%
Median Rent
$2,450
14.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,450
5.6% YoY Growth

Property Listings — Dayton, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Dayton, MN is 62. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$599,0000.0%
Listing Count
5416.0%
Listings as % of Homes1.7%16.0%
Days on Market
6220.0%
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Demographics — Dayton, MN

As of the latest ACS Survey released in 2023, Dayton, MN has a population of 5,540, which has increased by 62.9% over the past 5 years. Dayton, MN is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 36.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,54062.9%
% Under 18
21.9%11.2%
% Seniors
14.7%0.0%
% WFH
19.9%332.6%
% w/ College Degree
36.9%1.4%
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As of the latest ACS Survey released in 2023, Dayton, MN is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 12.6% in the last 5 years. The second most common race or ethnicity in Dayton, MN is black, making up 4.5% of the population. Foreign-born residents account for 4.7% of the population in Dayton, MN, and this percentage has increased by 113.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
84.9%-12.6%
% Black
4.5%∞%
% Hispanic
0.8%100.0%
% Asian
4.4%131.6%
% Foreign Born
4.7%113.6%
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Mortgage and Risk — Dayton, MN

According to HUD data as of 2023, there were 480 mortgage originations in Dayton, MN, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Dayton, MN. Investor activity is low, as 2.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
480
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
3.0%

Loan Activity

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Rentals and Section 8 — Dayton, MN

Dayton, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
12
Total Units Section 8
12
% Rentals under Section 8
10.9%
% Occupied Section 8
95.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,370
2 BedroomN/AN/A$1,680
3 Bedroom-$190$2,450$2,260
4 Bedroom-$40$2,600$2,560

Affordability — Dayton, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$495,000
Median Household Income$134,000

Dayton, MN — ZIP Code Boundary Map

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Frequently Asked Questions