Dakota City, NE68731

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$237,000
5.1% YoY Growth
Median Household Income
$85,800
20.3% 5-Year Growth
Days on Market
135
136.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$400
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Dakota City, NE

As of Oct '25, Realtor.com reports that the median days on market for a home in Dakota City, NE is 135. This is a increase of 136.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$279,000-25.0%
Listing Count
4-32.0%
Listings as % of Homes0.2%-32.0%
Days on Market
135136.0%
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Demographics — Dakota City, NE

As of the latest ACS Survey released in 2023, Dakota City, NE has a population of 3,690, which has increased by 31.2% over the past 5 years. Dakota City, NE is a popular place for families, as children make up 27.9% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,69031.2%
% Under 18
27.9%0.4%
% Seniors
13.1%21.3%
% WFH
2.7%-20.6%
% w/ College Degree
14.6%-3.9%
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As of the latest ACS Survey released in 2023, Dakota City, NE is a predominantly white area, with 57.1% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Dakota City, NE is hispanic, making up 36.9% of the population. Foreign-born residents account for 15.6% of the population in Dakota City, NE, and this percentage has increased by 24.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
57.1%-6.2%
% Black
0.1%-87.5%
% Hispanic
36.9%41.9%
% Asian
2.0%-23.1%
% Foreign Born
15.6%24.8%
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Mortgage and Risk — Dakota City, NE

According to HUD data as of 2023, there were 78 mortgage originations in Dakota City, NE, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Dakota City, NE. Investor activity is low, as 13.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
78
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
13.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Dakota City, NE

Dakota City, NE lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
1.9%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$890
2 BedroomN/AN/A$1,140
3 BedroomN/AN/A$1,370
4 BedroomN/AN/A$1,510

Affordability — Dakota City, NE

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$237,000
Median Household Income$85,800

Dakota City, NE — ZIP Code Boundary Map

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Frequently Asked Questions