In August 2017, there were 107 homes sold, with a median sale price of $302,000 - a 0.7% increase over the $299,900 median sale price for the same period of the previous year. There were 85 homes sold in Lakeville in August 2016.
The median sales tax in Lakeville for the most recent year with available data, 2014, was $2,779, approximately 0.9% of the median home sale price for August 2017.
The following table compares Lakeville to other Dakota County cities with similar median sales prices in August 2017:
City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Eureka Center | 1 | 2 | -50% | $484,900 | $321,950 | 50.6% |
Mendota Heights | 13 | 24 | -45.8% | $410,000 | $311,750 | 31.5% |
Randolph | 1 | 1 | 0% | $410,000 | $170,000 | 141.2% |
Empire | 4 | 5 | -20% | $353,700 | $325,000 | 8.8% |
Lakeville | 107 | 85 | 25.9% | $302,000 | $299,900 | 0.7% |
Eagan | 94 | 87 | 8% | $274,000 | $271,500 | 0.9% |
Farmington | 39 | 60 | -35% | $272,000 | $222,450 | 22.3% |
Vermillion | 1 | 2 | -50% | $255,000 | $191,500 | 33.2% |
Burnsville | 95 | 99 | -4% | $253,700 | $240,000 | 5.7% |
Rosemount | 51 | 35 | 45.7% | $250,000 | $265,000 | -5.7% |
Apple Valley | 98 | 106 | -7.5% | $249,630 | $231,250 | 7.9% |