From July through September of 2017, there were 10 homes sold, with a median sale price of $281,000 - a 10.2% increase over the $255,000 median sale price for the same period of the previous year. There were seven homes sold in Lakeland in the third quarter of 2016.
The median sales tax in Lakeland for the most recent year with available data, 2015, was $2,334, approximately 0.8% of the median home sale price for the third quarter of 2017.
The following table compares Lakeland to other Washington County cities with similar median sales prices in the third quarter of 2017:
| City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Stillwater | 140 | 150 | -6.7% | $332,500 | $299,500 | 11% |
| Mahtomedi | 30 | 43 | -30.2% | $330,250 | $285,000 | 15.9% |
| Birchwood Village | 3 | 5 | -40% | $320,000 | $259,900 | 23.1% |
| Lakeland Shores | 2 | 1 | 100% | $295,750 | $197,550 | 49.7% |
| Woodbury | 368 | 464 | -20.7% | $289,950 | $274,650 | 5.6% |
| Lakeland | 10 | 7 | 42.9% | $281,000 | $255,000 | 10.2% |
| Lake St. Croix Beach | 7 | 11 | -36.4% | $250,000 | $180,000 | 38.9% |
| Oak Park Heights | 21 | 21 | 0% | $240,000 | $230,000 | 4.3% |
| Cottage Grove | 168 | 184 | -8.7% | $240,000 | $237,225 | 1.2% |
| Bayport | 16 | 13 | 23.1% | $237,450 | $256,000 | -7.2% |
| Forest Lake | 101 | 96 | 5.2% | $232,500 | $226,450 | 2.7% |
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