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Minnesota State Wire

Friday, November 22, 2024

Lakeville home prices rise in April 2020

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The median sale price of a home sold in April 2020 in Lakeville rose by $21,000 while total sales decreased by 53.7%, according to BlockShopper.com.

In April 2020, there were 38 homes sold, with a median sale price of $322,500 - a 7% increase over the $301,500 median sale price for the same period of the previous year. There were 82 homes sold in Lakeville in April 2019.

The median sales tax in Lakeville for the most recent year with available data, 2019, was $3,651, approximately 1.1% of the median home sale price for April 2020.

The following table compares Lakeville to other Dakota County cities with similar median sales prices in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Nininger10-$387,500$0-
Northfield330%$385,000$335,00014.9%
Mendota Heights1014-28.6%$327,500$255,00028.4%
Lakeville3882-53.7%$322,500$301,5007%
Farmington2045-55.6%$319,000$255,00025.1%
Eagan2672-63.9%$305,500$292,5004.4%
Burnsville4470-37.1%$299,000$243,50022.8%
Rosemount1542-64.3%$288,000$273,5005.3%
West St. Paul1131-64.5%$261,500$226,50015.5%
South St. Paul1522-31.8%$248,000$224,50010.5%
Apple Valley4568-33.8%$246,400$235,0004.9%

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