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Minnesota State Wire

Tuesday, September 16, 2025

Lakeland home prices rise in the second quarter of 2018

Realestate5

The median sale price of a home sold in the second quarter of 2018 in Lakeland rose by $6,000 while total sales decreased by 40%, according to BlockShopper.com.

From April through June of 2018, there were six homes sold, with a median sale price of $270,500 - a 2.3% increase over the $264,500 median sale price for the same period of the previous year. There were 10 homes sold in Lakeland in the second quarter of 2017.

The median sales tax in Lakeland for the most recent year with available data, 2015, was $2,334, approximately 0.9% of the median home sale price for the second quarter of 2018.

The following table compares Lakeland to other Washington County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Scandia17988.9%$388,000$360,0007.8%
Birchwood Village660%$350,000$327,5006.9%
Mahtomedi593663.9%$335,000$287,00016.7%
Stillwater134149-10.1%$333,450$325,0002.6%
Woodbury411438-6.2%$310,000$281,05010.3%
Lakeland610-40%$270,500$264,5002.3%
Bayport12933.3%$255,000$287,500-11.3%
Cottage Grove194201-3.5%$255,000$244,0004.5%
Marine on St. Croix25-60%$253,643$206,00023.1%
Newport191711.8%$250,000$189,90031.6%
Forest Lake102121-15.7%$242,500$245,000-1%

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