Dexter, MN—55926
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dexter, MN
As of Nov '25, the median home price in Dexter, MN is $282,000, with a year-over-year change of 7.1%. This indicates that home prices in Dexter, MN are increasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $282,000 | 7.1% |
| Single Family | $282,000 | 7.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $262,000 | 8.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dexter, MN
Dexter, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dexter, MN
As of Nov '25, Realtor.com reports that the median days on market for a home in Dexter, MN is 11. This is a decrease of -52.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $365,000 | -9.0% |
Listing Count | 1 | -17.0% |
| Listings as % of Homes | N/A | -17.0% |
Days on Market | 11 | -52.0% |
Demographics — Dexter, MN
As of the latest ACS Survey released in 2023, Dexter, MN has a population of 754, which has decreased by -9.5% over the past 5 years. Dexter, MN is a moderately popular place for families, as children make up 17.5% of the population. The area has a poorly educated workforce, with 14.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 754 | -9.5% |
% Under 18 | 17.5% | -8.9% |
% Seniors | 15.8% | -28.8% |
% WFH | 12.9% | 4.0% |
% w/ College Degree | 14.3% | -25.5% |
As of the latest ACS Survey released in 2023, Dexter, MN is a predominantly white area, with 98.0% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Dexter, MN is asian, making up 0.3% of the population. Foreign-born residents account for 1.2% of the population in Dexter, MN, and this percentage has decreased by 57.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.0% | -0.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.1% | -85.7% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 1.2% | -57.1% |
Mortgage and Risk — Dexter, MN
According to HUD data as of 2023, there were 25 mortgage originations in Dexter, MN, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Dexter, MN. Investor activity is low, as 4.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 25 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Rentals and Section 8 — Dexter, MN
Dexter, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Dexter, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $282,000 |
| Median Household Income | $97,500 |