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Dakota Times

Wednesday, November 6, 2024

Lakeville home prices fell in January 2021

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The median sale price of a home sold in January 2021 in Lakeville fell by $3,200 while total sales decreased by 5.3%, according to BlockShopper.com.

In January 2021, there were 36 homes sold, with a median sale price of $316,750 - a 1% decrease over the $319,950 median sale price for the same period of the previous year. There were 38 homes sold in Lakeville in January 2020.

The median sales tax in Lakeville for the most recent year with available data, 2020, was $4,024, approximately 1.3% of the median home sale price for January 2021.

The following table compares Lakeville to other Dakota County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Sunfish Lake10-$860,000$0-
Mendota Heights78-12.5%$445,000$302,95046.9%
Castle Rock21100%$365,000$264,00038.3%
Randolph30-$340,000$0-
Lilydale21100%$331,000$280,00018.2%
Lakeville3638-5.3%$316,750$319,950-1%
Farmington262123.8%$307,950$255,00020.8%
Burnsville4041-2.4%$304,950$270,00012.9%
Northfield12-50%$299,100$314,225-4.8%
Hastings2427-11.1%$279,500$210,00033.1%
Eagan4449-10.2%$275,500$280,000-1.6%

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