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Minnesota State Wire

Monday, September 15, 2025

March 2021: Lakeland experienced a 1.6% increase in median home prices

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The median sale price of a home sold in March 2021 in Lakeland rose by $4,900 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In March 2021, there were three homes sold, with a median sale price of $319,900 - a 1.6% increase over the $315,000 median sale price for the same period of the previous year. There were three homes sold in Lakeland in March 2020, as well.

The median sales tax in Lakeland for the most recent year with available data, 2020, was $2,635, approximately 0.8% of the median home sale price for March 2021.

The following table compares Lakeland to other Washington County cities with similar median sale prices in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Grant31200%$395,000$515,000-23.3%
Stillwater29277.4%$384,000$309,90023.9%
Bayport63100%$355,000$375,000-5.3%
Woodbury6782-18.3%$350,000$333,1005.1%
Newport24-50%$323,750$257,50025.7%
Lakeland330%$319,900$315,0001.6%
Scandia330%$317,000$430,000-26.3%
Mahtomedi410-60%$314,000$383,750-18.2%
Cottage Grove2739-30.8%$300,000$268,00011.9%
Oakdale2934-14.7%$295,000$244,50020.7%
Oak Park Heights35-40%$285,000$249,00014.5%

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