In August 2021, there were 79 homes sold, with a median sale price of $375,000 - a 11.7% increase over the $335,700 median sale price for the same period of the previous year. There were 68 homes sold in Lakeville in August 2020.
The median sales tax in Lakeville for the most recent year with available data, 2020, was $4,024, approximately 1.1% of the median home sale price for August 2021.
The following table compares Lakeville to other Dakota County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Nininger | 2 | 1 | 100% | $548,000 | $415,000 | 32% |
| Eureka Center | 3 | 1 | 200% | $520,000 | $1,706,174 | -69.5% |
| Mendota Heights | 10 | 13 | -23.1% | $492,500 | $387,000 | 27.3% |
| Lakeville | 79 | 68 | 16.2% | $375,000 | $335,700 | 11.7% |
| Randolph | 1 | 2 | -50% | $375,000 | $463,950 | -19.2% |
| Farmington | 37 | 35 | 5.7% | $365,000 | $300,000 | 21.7% |
| Eagan | 79 | 62 | 27.4% | $355,000 | $330,100 | 7.5% |
| Apple Valley | 57 | 55 | 3.6% | $340,000 | $255,000 | 33.3% |
| Rosemount | 26 | 30 | -13.3% | $325,000 | $342,000 | -5% |
| Burnsville | 65 | 77 | -15.6% | $325,000 | $300,100 | 8.3% |
| Hampton | 4 | 4 | 0% | $323,000 | $277,750 | 16.3% |
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