Lakeville home prices rise in January 2020

Medium realestate077

The median sale price of a home sold in January 2020 in Lakeville rose by $21,250 while total sales decreased by 25%, according to BlockShopper.com.

In January 2020, there were 33 homes sold, with a median sale price of $320,000 - a 7.1% increase over the $298,750 median sale price for the same period of the previous year. There were 44 homes sold in Lakeville in January 2019.

The median sales tax in Lakeville for the most recent year with available data, 2019, was $3,651, approximately 1.1% of the median home sale price for January 2020.

The following table compares Lakeville to other Dakota County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Lakeville
33
44
-25%
$320,000
$298,750
7.1%
Mendota Heights
7
6
16.7%
$316,000
$492,500
-35.8%
Rosemount
20
15
33.3%
$292,000
$259,000
12.7%
Eagan
46
44
4.5%
$287,500
$272,500
5.5%
Lilydale
1
0
-
$280,000
$0
-
Castle Rock
1
0
-
$264,000
$0
-
Farmington
18
32
-43.8%
$257,500
$239,900
7.3%
Nininger
1
1
0%
$250,000
$292,000
-14.4%
Burnsville
36
50
-28%
$250,000
$232,700.50
7.4%
Inver Grove Heights
19
28
-32.1%
$240,000
$224,950
6.7%
Apple Valley
41
51
-19.6%
$233,500
$260,900
-10.5%

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