Lakeville home prices fall in June 2020

Medium re 13

The median sale price of a home sold in June 2020 in Lakeville fell by $13,000 while total sales decreased by 56.9%, according to BlockShopper.com.

In June 2020, there were 44 homes sold, with a median sale price of $310,000 - a 4% decrease over the $323,000 median sale price for the same period of the previous year. There were 102 homes sold in Lakeville in June 2019.

The median sales tax in Lakeville for the most recent year with available data, 2019, was $3,651, approximately 1.2% of the median home sale price for June 2020.

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

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Eureka Center10-$550,000$0-
Northfield5425%$369,900$406,950-9.1%
Rosemount2346-50%$367,000$270,00035.9%
Eagan57128-55.5%$325,000$302,0007.6%
Lakeville44102-56.9%$310,000$323,000-4%
Empire3250%$305,000$387,500-21.3%
Farmington3167-53.7%$299,900$268,00011.9%
Burnsville49104-52.9%$290,000$275,0005.5%
Apple Valley58102-43.1%$280,000$287,500-2.6%
Hastings3241-22%$274,450$258,1006.3%
West St. Paul1134-67.6%$265,225$252,5005%

Blockshopper green logo