Why Live in Lakeville
Lakeville, Minnesota, located in Dakota County, is home to approximately 73,000 residents and offers a suburban lifestyle with proximity to urban amenities. The city is known for its highly rated schools, including Lakeville Public Schools, Rosemount-Apple Valley-Eagan Schools, Lakeville North High School, and Lakeville South High School. Lakeville North High School features a STEM Biomedical Program, providing hands-on learning opportunities. The city boasts a variety of home styles, from newer craftsman-style homes to mid-20th-century Cape Cods, split-levels, and ranch-style homes, many of which are situated in waterfront communities like Lake Marion and Orchard Lake. Lakeville's downtown area on Holyoke Avenue features local eateries such as Tapestry Coffee, Babe’s Music Bar, and Lakeview Brewing Company. Residents enjoy numerous things to do, including outdoor activities at over 1,800 acres of public parks and 42 miles of walking and bike paths. Lake Marion is popular for boating and beach activities, while winter sports can be enjoyed at Lakeville Ames Arena. Cultural events are hosted at the Lakeville Area Arts Center, and golf enthusiasts can visit Crystal Lake Golf Club. Annual events like the Live at the Lake Summer Performance Series and the Pan-O-Prog festival bring the community together. The Lakeville Farmers Market offers fresh produce and goods during the summer months. Lakeville is safer than the national average, with lower violent crime rates compared to Minnesota and the U.S. Interstate 35 provides access to downtown Minneapolis, 25 miles away, and the Minneapolis-Saint Paul International Airport is 20 miles away.
Home Trends in Lakeville, MN
On average, homes in Lakeville, MN sell after 53 days on the market compared to the national average of 70 days. The median sale price for homes in Lakeville, MN over the last 12 months is $607,100, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$607,100
Median Single Family Sale Price
$595,000
Median Townhouse Sale Price
$509,000
Average Price Per Sq Ft
$219
Number of Homes for Sale
86
Last 12 months Home Sales
485
Median List Price
$595,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
20%