The median sale price of a home sold in March 2017 in Lakeville rose by $22,800 while total sales decreased by 29.8%, according to BlockShopper.com.
In March 2017, there were 66 homes sold, with a median sale price of $289,300 – a 8.6% increase over the $266,500 median sale price for the same period of the previous year. There were 94 homes sold in Lakeville in March 2016.
The median sales tax in Lakeville for the most recent year with available data, 2014, was $2,779, approximately 1% of the median home sale price for March 2017.
The following table compares Lakeville to other Dakota County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Castle Rock | 2 | 1 | 100% | $357,500 | $255,000 | 40.2% |
| Mendota Heights | 16 | 15 | 6.7% | $353,250 | $310,000 | 14% |
| Lakeville | 66 | 94 | -29.8% | $289,300 | $266,500 | 8.6% |
| Empire | 4 | 2 | 100% | $288,625 | $379,250 | -23.9% |
| Eureka Center | 1 | 0 | – | $282,000 | $0 | – |
| Nininger | 1 | 0 | – | $280,000 | $0 | – |
| Eagan | 79 | 68 | 16.2% | $244,500 | $234,500 | 4.3% |
| Rosemount | 39 | 31 | 25.8% | $230,000 | $232,515 | -1.1% |
| Burnsville | 77 | 77 | 0% | $229,000 | $230,000 | -0.4% |
| Farmington | 52 | 47 | 10.6% | $226,000 | $200,000 | 13% |
| Vermillion | 2 | 0 | – | $225,500 | $0 | – |
