Sale prices by area / Lakeville
Lakeville: what homes actually sold for
Every sale below comes from the certificate of real estate value (eCRV) filed with the state when property changes hands. The median arm's-length price in 2026 was $499,900, up 67% from $299,950 in 2015.
Median price (2026)
$499,900
Sales in 2026
664
Investor/entity buyers
13%
Median sale price by year
| Year | Median | Middle half | Sales | Investor share |
|---|---|---|---|---|
| 2015 | $299,950 | $216,000 to $394,178 | 1,364 | 8.5% |
| 2016 | $306,664 | $215,000 to $399,000 | 1,656 | 8.6% |
| 2017 | $320,000 | $234,900 to $428,204 | 1,716 | 10.5% |
| 2018 | $350,000 | $257,000 to $445,775 | 1,649 | 10.5% |
| 2019 | $371,000 | $275,000 to $459,000 | 1,644 | 11.7% |
| 2020 | $394,600 | $310,000 to $476,000 | 1,973 | 9.0% |
| 2021 | $429,365 | $336,000 to $537,170 | 2,209 | 12.4% |
| 2022 | $489,590 | $380,000 to $600,000 | 1,773 | 12.8% |
| 2023 | $477,500 | $377,450 to $585,000 | 1,315 | 10.7% |
| 2024 | $482,500 | $380,000 to $605,000 | 1,440 | 12.8% |
| 2025 | $495,000 | $375,000 to $625,000 | 1,369 | 14.8% |
| 2026 | $499,900 | $380,998 to $610,000 | 664 | 12.5% |
Arm's-length sales only: gifts, related-party transfers, and sales flagged as non-market are excluded, as are prices under $3,000. Investor share counts sales where a buyer is an organization (LLC, trust, company) rather than an individual.
Largest sales in the last 12 months
| 5076 161st Street W | November 20, 2025 | $56,050,000 |
| 18425 Dodd Blvd. | December 18, 2025 | $31,422,058 |
| 17701 Glacier Way | March 17, 2026 | $27,780,000 |
| 9583 217th Street West | June 18, 2026 | $19,025,000 |
| 20949 Keokuk Ave | May 1, 2026 | $15,023,294 |
| 20851 Keokuk Avenue | August 7, 2025 | $11,900,000 |
| 20851 Keokuk Avenue | March 26, 2026 | $8,500,000 |
| 20306 Keynote Loop | November 4, 2025 | $4,262,500 |
Large transactions are often commercial or multi-parcel deals, not single homes.
Wondering how your own assessment compares to what homes really sell for? Check your address with the free assessment lookup, run the two-minute appeal checkup, and know this year's appeal deadlines.
Source: Minnesota Department of Revenue eCRV weekly sales extracts, October 2014 to present, updated weekly. Medians and shares are computed from arm's-length sales as described above.