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Minnesota State Wire

Monday, September 15, 2025

Lakeville home prices rise in September 2020

Webp realestate3

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Adobe Stock

The median sale price of a home sold in September 2020 in Lakeville rose by $14,500 while total sales decreased by 39.2%, according to BlockShopper.com.

In September 2020, there were 45 homes sold, with a median sale price of $335,000 - a 4.5% increase over the $320,500 median sale price for the same period of the previous year. There were 74 homes sold in Lakeville in September 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 September 2020.

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

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Lilydale13-66.7%$575,000$224,000156.7%
Northfield110%$503,000$354,50041.9%
Mendota Heights812-33.3%$362,750$499,950-27.4%
Lakeville4574-39.2%$335,000$320,5004.5%
Castle Rock10-$333,000$0-
Randolph10-$325,000$0-
Burnsville4977-36.4%$315,630$273,00015.6%
Eagan4391-52.7%$315,000$310,0001.6%
Hampton31200%$297,000$275,0008%
Vermillion20-$292,550$0-
Rosemount2631-16.1%$279,000$300,000-7%

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