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Median sale price
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Lakeville, MN: housing market trends

The median home sale price in Lakeville, MN was $509,757 for the three-month period ending September 2026. Sale prices were 2.0% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$509,757
three-month period ending September 2026
Median sale price per sq ft
$196.79
three-month period ending September 2026
Active listings
749
three-month period ending September 2026
Typical monthly rent
$2,136
Rent index · August 2026

How is housing inventory changing?

There were 749 active listings for the three-month period ending September 2026. Active listings were 19.8% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 38 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Lakeville, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$509,757$196.79364
Single-familySeptember 2026$531,788$199.91295
TownhousesSeptember 2026$371,249$183.1470
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Lakeville, MN
MarketMedian sale priceReporting period / source
Farmington, MN$384,8173 months ending September 2026 · Redfin
Apple Valley, MN$380,000Month ending July 2026 · Zillow
Burnsville, MN$379,000Month ending July 2026 · Zillow
Savage, MN$419,8003 months ending September 2026 · Redfin
Elko New Market, MN$464,7793 months ending September 2026 · Redfin
Prior Lake, MN$474,7743 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Lakeville, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$509,757$196.79749
August 2026$510,000$198.83771
July 2026$514,924$197.84803
June 2026$515,000$201.38783
May 2026$499,900$200.55765
April 2026$488,000$202.01667
March 2026$481,909$197.68574
February 2026$490,500$196.07484
January 2026$497,450$194.65489
December 2025$480,000$193.78519
November 2025$487,500$192.31563
October 2025$500,000$194.10614
September 2025$500,000$195.93625
August 2025$500,000$198.28624
July 2025$510,000$200.63651
June 2025$502,995$201.24621
May 2025$495,000$201.96594
April 2025$481,490$201.24533
March 2025$482,500$196.92492
February 2025$490,000$195.31438
January 2025$472,500$195.35453
December 2024$475,000$196.72482
November 2024$473,000$199.00530
October 2024$479,900$195.43552

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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