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Minnesota State Wire

Friday, September 12, 2025

Lakeville home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Lakeville rose by $9,061 while total sales increased by 2.4%, according to BlockShopper.com.

In April 2017, there were 84 homes sold, with a median sale price of $274,011 - a 3.4% increase over the $264,950 median sale price for the same period of the previous year. There were 82 homes sold in Lakeville in April 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 April 2017.

The following table compares Lakeville to other Dakota County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Mendota Heights919-52.6%$337,000$339,000-0.6%
Nininger40-$325,000$0-
Empire220%$302,500$211,70042.9%
Vermillion10-$278,000$0-
Eagan7383-12%$275,000$212,51029.4%
Lakeville84822.4%$274,011$264,9503.4%
Hampton23-33.3%$252,500$131,00092.7%
Farmington51486.3%$247,000$198,75024.3%
Burnsville81810%$234,000$240,000-2.5%
Rosemount433813.2%$229,500$234,000-1.9%
Apple Valley8191-11%$225,000$218,8002.8%

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