Dodge County, Minnesota Housing Market

In Dodge County, Minnesota, the median home value is $287,700, with a median monthly rent of $1,020. This places Dodge County at #688 nationally out of 3134 counties by median home value, and #20 within Minnesota.

Median Home Value $287,700
Median Rent $1,020/mo
Owner Occupancy 86.6%
Price/Rent Ratio 23.5

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Dodge County rose +3.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,724
jobs (private sector)
  • Avg weekly wage: $1,249
  • Establishments: 471
  • BLS QCEW, 2025
🏗️

Housing Supply

83
new units authorized (2025)
  • Single-family: 50
  • Multi-family: 33
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+386
net migration (filers, 2021-2022)
  • Inflow: 8,942 (avg $88,708)
  • Outflow: 8,556 (avg $89,471)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 7 active ZIP codes in Dodge County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 55940 268.6 +5.43% 2025
2 55917 221.0 -0.14% 2025
3 55963 239.7 +9.38% 2025
4 55955 250.7 +5.08% 2025
5 55927 234.7 +5.68% 2025
6 55944 227.4 +3.24% 2025
7 55946 231.0 +2.92% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Dodge County Compares

MetricDodge CountyMinnesota AverageU.S. Average
Median Home Value $287,700 $238,335 $227,706
Median Gross Rent $1,020 $938 $968
Owner Occupancy Rate 86.6% 77.9% 73.3%
Price/Rent Ratio 23.5 21.1 18.7

Market Analysis

The median home value in Dodge County is 20.7% above the Minnesota state average and 26.3% above the U.S. national average. The median rent of $1,020/month is 8.7% above the state average.

With a price-to-rent ratio of 23.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Dodge County has an owner-occupancy rate of 86.6%, compared to 77.9% in Minnesota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Miami County Kansas $287,700 $1,107
Horry County South Carolina $287,700 $1,255
Minnehaha County South Dakota $287,600 $978
Washington County Texas $288,100 $1,165
Cass County Minnesota $288,300 $863

Other Counties in Minnesota

CountyMedian Home ValueMedian RentOwner Occ.
Cass County $288,300 $863 86.2%
Goodhue County $285,100 $966 78.8%
Becker County $291,000 $920 77.2%
Hubbard County $282,600 $905 83.1%
Stearns County $273,400 $1,068 67.9%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).