In February 2018, there were 49 homes sold, with a median sale price of $291,500 - a 4.7% increase over the $278,450 median sale price for the same period of the previous year. There were 38 homes sold in Lakeville in February 2017.
The median sales tax in Lakeville for the most recent year with available data, 2014, was $2,779, approximately 1% of the median home sale price for February 2018.
The following table compares Lakeville to other Dakota County cities with similar median sales prices in February 2018:
| City | Feb. 2018 Home Sales | Feb. 2017 Home Sales | % change (Total Home Sales) | Feb. 2018 Median Sales Price | Feb. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Empire | 1 | 2 | -50% | $400,000 | $210,500 | 90% |
| Mendota Heights | 13 | 5 | 160% | $361,500 | $473,000 | -23.6% |
| Castle Rock | 1 | 2 | -50% | $310,000 | $324,500 | -4.5% |
| Lakeville | 49 | 38 | 28.9% | $291,500 | $278,450 | 4.7% |
| Apple Valley | 49 | 50 | -2% | $265,000 | $185,550 | 42.8% |
| Rosemount | 20 | 17 | 17.6% | $256,500 | $235,000 | 9.1% |
| Burnsville | 36 | 60 | -40% | $256,000 | $195,500 | 30.9% |
| Nininger | 2 | 0 | - | $253,000 | $0 | - |
| Lilydale | 2 | 1 | 100% | $242,950 | $275,000 | -11.7% |
| Farmington | 26 | 26 | 0% | $241,000 | $229,450 | 5% |
| Inver Grove Heights | 33 | 17 | 94.1% | $225,000 | $175,200 | 28.4% |
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