The median sale price of a home sold in October 2020 in Lakeville rose by $52,000 while total sales decreased by 19.1%, according to BlockShopper.com.
In October 2020, there were 55 homes sold, with a median sale price of $357,000 - a 17% increase over the $305,000 median sale price for the same period of the previous year. There were 68 homes sold in Lakeville in October 2019.
The median sales tax in Lakeville for the most recent year with available data, 2019, was $3,651, approximately 1% of the median home sale price for October 2020.
The following table compares Lakeville to other Dakota County cities with similar median sales prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sunfish Lake | 1 | 0 | - | $1,225,000 | $0 | - |
| Randolph | 1 | 2 | -50% | $768,000 | $382,450 | 100.8% |
| Nininger | 1 | 1 | 0% | $545,000 | $610,000 | -10.7% |
| Empire | 2 | 1 | 100% | $389,750 | $255,000 | 52.8% |
| Castle Rock | 2 | 0 | - | $366,500 | $0 | - |
| Lakeville | 55 | 68 | -19.1% | $357,000 | $305,000 | 17% |
| Rosemount | 29 | 30 | -3.3% | $332,000 | $333,950 | -0.6% |
| Mendota Heights | 6 | 17 | -64.7% | $329,500 | $356,985 | -7.7% |
| Eagan | 40 | 81 | -50.6% | $327,500 | $285,500 | 14.7% |
| Farmington | 32 | 34 | -5.9% | $319,250 | $261,600 | 22% |
| Apple Valley | 55 | 69 | -20.3% | $307,000 | $283,500 | 8.3% |
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