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Minnesota State Wire

Friday, September 12, 2025

Lakeville home prices rise in June 2018

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The median sale price of a home sold in June 2018 in Lakeville rose by $4,100 while total sales decreased by 0.7%, according to BlockShopper.com.

In June 2018, there were 134 homes sold, with a median sale price of $304,000 - a 1.4% increase over the $299,900 median sale price for the same period of the previous year. There were 135 homes sold in Lakeville in June 2017.

The median sales tax in Lakeville for the most recent year with available data, 2014, was $2,779, approximately 0.9% of the median home sale price for June 2018.

The following table compares Lakeville to other Dakota County cities with similar median sales prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Mendota Heights19190%$385,000$370,0004.1%
Castle Rock52150%$337,000$218,00054.6%
Eureka Center3250%$325,000$429,750-24.4%
Northfield46-33.3%$311,450$182,90070.3%
Lakeville134135-0.7%$304,000$299,9001.4%
Nininger110%$283,000$335,000-15.5%
Apple Valley108144-25%$269,500$219,95022.5%
Burnsville1161078.4%$266,500$259,9002.5%
Eagan1331311.5%$262,000$260,0000.8%
Rosemount4551-11.8%$260,000$257,5001%
Farmington6872-5.6%$254,450$254,4250%

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