All Home Types
Lakeville, MN Housing Market
What is the housing market like in Lakeville today?
In October 2024, Lakeville home prices were up 4.1% compared to last year, selling for a median price of $507K. On average, homes in Lakeville sell after 43 days on the market compared to 37 days last year. There were 109 homes sold in October this year, up from 94 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$506,970
+4.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lakeville, MN
$506,970
+4.1%
United States
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Lakeville Migration & Relocation Trends
In Sep '24 - Nov '24, 20% of Lakeville homebuyers searched to move out of Lakeville, while 80% looked to stay within the metropolitan area.
- Across the nation, 0.79% of homebuyers searched to move into Lakeville from outside metros.
- Albuquerque homebuyers searched to move into Lakeville more than any other metro followed by Miami and Chicago.
Where are people moving to Lakeville from?
- 80% of Lakeville homebuyers searched to stay within the Lakeville metropolitan area.
- Brainerd was the most popular destination among Lakeville homebuyers followed by Duluth and Cape Coral.
Where are people from Lakeville moving to?
Number of People Moving to Lakeville
least
most
People are moving to Lakeville from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 717 | ||
| 2 | 700 | ||
| 3 | 599 | ||
| 4 | 414 | ||
| 5 | 318 | ||
| 6 | 285 | ||
| 7 | 271 | ||
| 8 | 235 | ||
| 9 | 176 | ||
| 10 | 158 | ||
People are leaving Lakeville for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 435 | ||
| 2 | 248 | ||
| 3 | 196 | ||
| 4 | 102 | ||
| 5 | 78 | ||
| 6 | 68 | ||
| 7 | 50 | ||
| 8 | 46 | ||
| 9 | 43 | ||
| 10 | 40 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lakeville.
Provided by First Street Foundation
Transportation in Lakeville
Learn about the walkability, bikeability, and transit-friendliness of Lakeville
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Somewhat Bikeable
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