Lakeville, MN Housing


8 Reviews



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United States / Minnesota / Minneapolis-St. Paul-Bloomington Metro Area / Dakota County / Lakeville / Zip Codes
Lakeville, MN is a great place to invest in a home. The median value of houses in Lakeville stands at $441,000, which is significantly higher than the US housing median value of $338,100. The appreciation rate for houses in Lakeville is 6.66%, lower than the national average of 8.27%. This makes Lakeville an attractive option for investing in housing with steady returns and good appreciation rates.

The median home cost in Lakeville is $441,000. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Lakeville is up 12.2%.

Average Age of Homes
- The median age of Lakeville real estate is 22 years old
The Rental Market in Lakeville
- Renters make up 11.6% of the Lakeville population
- 0.6% of houses and apartments in Lakeville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLakeville, MinnesotaUnited States
  23,951.0139,647,020.0
  2542
  $441,000$338,100
  12.2%16.6%
  47.9%57.0%
  94.0%101.1%
  $10.93$10.98
  $3,738$2,690
  85.9%57.4%
  2.5%11.2%
  11.6%31.4%
  Vacant Housing
  0.6%1.9%
  0.0%0.4%
  0.1%0.7%
  1.0%0.4%
  0.9%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  1.6%2.6%
  0.7%2.4%
  1.3%2.8%
  0.1%3.9%
  0.3%4.5%
  2.7%11.3%
  5.7%13.0%
  24.9%20.1%
  30.1%13.6%
  19.5%8.3%
  11.0%9.7%
  1.4%3.9%
  0.6%2.2%
  0.0%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  1.3%0.2%
  24.2%13.6%
  24.2%13.6%
  27.0%13.6%
  18.1%13.2%
  7.3%14.8%
  27.0%13.6%
  1.5%10.0%
  1.2%4.7%
  1.4%12.2%
Reviews for Lakeville
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Mandy · Flagstaff, AZ
Honest Thoughts on Lakeville
Over 5 years ago

We lived in Lakeville for 3 years (2015-18). My husband and I have traveled all over the country. We've lived in California, Hawaii, Arizona, Colorado and Minnesota.  More

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Sam · Rosemount, MN
The southern Twin Cities has pros and cons
Over 6 years ago

I’ve grown up in Lakeville for 20 years. I know this area better than the back of my hand. The schools are excellent, especially North HS. The housing is cheap and  More

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Betty · Lakeville, MN
Terrible Place to Raise Kids
Over 13 years ago

I have found Lakeville to have many amenities and its nice its so close to the Twin Cities. HOWEVER, unless have bunches of money in your pocket or are a local you will  More

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