In May 2020, there were 35 homes sold, with a median sale price of $335,000 - a 10.2% increase over the $303,875 median sale price for the same period of the previous year. There were 96 homes sold in Lakeville in May 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 May 2020.
The following table compares Lakeville to other Dakota County cities with similar median sales prices in May 2020:
| City | May 2020 Home Sales | May 2019 Home Sales | % change (Total Home Sales) | May 2020 Median Sales Price | May 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mendota Heights | 2 | 24 | -91.7% | $560,450 | $474,500 | 18.1% |
| Lilydale | 3 | 3 | 0% | $430,000 | $209,000 | 105.7% |
| Northfield | 2 | 4 | -50% | $362,500 | $252,500 | 43.6% |
| Lakeville | 35 | 96 | -63.5% | $335,000 | $303,875 | 10.2% |
| Rosemount | 10 | 59 | -83.1% | $321,200 | $282,000 | 13.9% |
| Eagan | 45 | 135 | -66.7% | $320,000 | $283,000 | 13.1% |
| Apple Valley | 41 | 121 | -66.1% | $303,000 | $265,500 | 14.1% |
| Farmington | 21 | 51 | -58.8% | $300,000 | $257,000 | 16.7% |
| Hastings | 18 | 59 | -69.5% | $279,000 | $245,000 | 13.9% |
| Inver Grove Heights | 17 | 58 | -70.7% | $276,000 | $243,750 | 13.2% |
| South St. Paul | 11 | 41 | -73.2% | $255,000 | $222,650 | 14.5% |
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