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Dakota Times

Tuesday, November 5, 2024

Lakeville home prices rose in June 2021

Realestate1

The median sale price of a home sold in June 2021 in Lakeville rose by $60,000 while total sales increased by 37.7%, according to BlockShopper.com.

In June 2021, there were 95 homes sold, with a median sale price of $385,000 - a 18.5% increase over the $325,000 median sale price for the same period of the previous year. There were 69 homes sold in Lakeville in June 2020.

The median sales tax in Lakeville for the most recent year with available data, 2020, was $4,024, approximately 1% of the median home sale price for June 2021.

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

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Vermillion110%$567,000$295,00092.2%
Mendota Heights147100%$542,500$287,80088.5%
Lilydale110%$470,000$275,52070.6%
Lakeville956937.7%$385,000$325,00018.5%
Eagan7187-18.4%$378,000$323,52316.8%
Rosemount2734-20.6%$361,000$350,0003.1%
Burnsville6975-8%$345,000$299,90015%
Empire56-16.7%$336,000$276,70021.4%
Apple Valley93876.9%$335,000$288,50016.1%
Farmington48480%$321,000$298,2507.6%
Inver Grove Heights3638-5.3%$317,500$246,25028.9%

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