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Dakota Times

Wednesday, November 6, 2024

Lakeville home prices rose in February 2021

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The median sale price of a home sold in February 2021 in Lakeville rose by $5,750 while total sales increased by 31.6%, according to BlockShopper.com.

In February 2021, there were 50 homes sold, with a median sale price of $335,000 - a 1.7% increase over the $329,250 median sale price for the same period of the previous year. There were 38 homes sold in Lakeville in February 2020.

The median sales tax in Lakeville for the most recent year with available data, 2020, was $4,024, approximately 1.2% of the median home sale price for February 2021.

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

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Northfield12-50%$570,000$325,00075.4%
Empire12-50%$515,000$397,00029.7%
Mendota Heights84100%$395,000$420,000-6%
Lakeville503831.6%$335,000$329,2501.7%
Farmington17170%$328,000$280,00017.1%
Burnsville3449-30.6%$309,000$275,00012.4%
Eagan3851-25.5%$305,000$293,9003.8%
Rosemount181250%$301,000$289,9503.8%
Hastings1127-59.3%$290,000$246,50017.6%
Apple Valley3541-14.6%$270,000$255,0005.9%
South St. Paul171513.3%$240,350$209,50014.7%

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