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Minnesota State Wire

Friday, September 12, 2025

Lakeland home prices fall in October 2018

Webp realestate4

The median sale price of a home sold in October 2018 in Lakeland fell by $148,095 while total sales decreased by 42.9%, according to BlockShopper.com.

In October 2018, there were four homes sold, with a median sale price of $419,000 - a 26.1% decrease over the $567,095 median sale price for the same period of the previous year. There were seven homes sold in Lakeland in October 2017.

The median sales tax in Lakeland for the most recent year with available data, 2015, was $2,334, approximately 0.6% of the median home sale price for October 2018.

The following table compares Lakeland to other Washington County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Pine Springs10-$475,000$0-
Lakeland47-42.9%$419,000$567,094.50-26.1%
Marine on St. Croix220%$409,000$190,300114.9%
Grant83166.7%$397,500$505,000-21.3%
Scandia93200%$382,000$412,000-7.3%
Lake Elmo121020%$360,450$320,00012.6%
Hastings24-50%$348,000$370,000-5.9%
Stillwater5226100%$345,000$302,50014%
Mahtomedi161060%$317,500$377,500-15.9%
Woodbury1209427.7%$279,900$287,325-2.6%
Forest Lake2829-3.4%$272,450$217,00025.6%

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