In July 2020, there were 77 homes sold, with a median sale price of $345,000 - a 6.3% increase over the $324,500 median sale price for the same period of the previous year. There were 112 homes sold in Lakeville in July 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 July 2020.
The following table compares Lakeville to other Dakota County cities with similar median sales prices in July 2020:
| City | July 2020 Home Sales | July 2019 Home Sales | % change (Total Home Sales) | July 2020 Median Sales Price | July 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mendota Heights | 12 | 21 | -42.9% | $439,750 | $350,000 | 25.6% |
| Randolph | 1 | 3 | -66.7% | $368,000 | $335,000 | 9.9% |
| Lakeville | 77 | 112 | -31.3% | $345,000 | $324,500 | 6.3% |
| Eagan | 49 | 129 | -62% | $329,600 | $305,000 | 8.1% |
| Rosemount | 27 | 53 | -49.1% | $325,000 | $298,700 | 8.8% |
| Farmington | 28 | 62 | -54.8% | $321,000 | $277,500 | 15.7% |
| Vermillion | 3 | 1 | 200% | $320,000 | $250,000 | 28% |
| Apple Valley | 48 | 128 | -62.5% | $285,000 | $281,500 | 1.2% |
| Burnsville | 56 | 107 | -47.7% | $281,500 | $270,000 | 4.3% |
| Hampton | 3 | 6 | -50% | $275,000 | $274,000 | 0.4% |
| Inver Grove Heights | 26 | 61 | -57.4% | $269,950 | $270,000 | -0% |
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