Lakeville Real Estate Market

Lakeville Market

The median sale price for homes in Lakeville over the last 12 months is $225,855.


The median mortgage debt is $179,268.

Additional Statistics for Single Family Homes and Condos in Lakeville, MN
$278,590
Median Listing Price
58
Median Days on Market
281
Active Listings
28.5%
Distressed Listings
(foreclosures and short sales)
Lakeville, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lakeville is $307,450. The list prices dropped by -0.5% from the previous month.

The price per square foot for listings in this area is $117.

The median sale price in January for single family homes is $195,577. The sale prices dropped by -9.03% from the previous month.

The price per square foot for sales in this area is $102.

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Lakeville, MN Market Inventory Trends

The number of active listings in Lakeville dropped by 0.5% from the previous month.

The median number of days active properties have been listed is 56. This is significantly shorter than the national average.

The number of sales in January dropped by 38.2% from the previous month.

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Lakeville, MN Property Ownership

The percent of unoccupied properties is very low in Lakeville. It is -10.99% below the national average.

The percent of owner occupied properties in Lakeville is 23.12% above the national average.

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