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Dakota Times

Wednesday, November 6, 2024

How did home prices perform in Lakeville during October 2021?

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The median sale price of a home sold in October 2021 in Lakeville rose by $5,000 while total sales decreased by 29.1%, according to BlockShopper.com.

In October 2021, there were 61 homes sold, with a median sale price of $365,000 - a 1.4% increase over the $360,000 median sale price for the same period of the previous year. There were 86 homes sold in Lakeville in October 2020.

The median sales tax in Lakeville for the most recent year with available data, 2020, was $4,024, approximately 1.1% of the median home sale price for October 2021.

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

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Northfield15-80%$455,000$300,00051.7%
Mendota Heights11110%$452,000$359,00025.9%
Nininger12-50%$445,000$446,045-0.2%
Empire330%$373,900$385,500-3%
Lakeville6186-29.1%$365,000$360,0001.4%
Burnsville5867-13.4%$350,000$303,00015.5%
Hampton16-83.3%$344,000$231,86048.4%
Lilydale20-$337,500$0-
Eureka Center20-$336,062.50$0-
Eagan5665-13.8%$324,700$330,000-1.6%
Apple Valley5670-20%$312,500$285,2759.5%

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