Median price for residential in as of Dec, 2021.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
190 Lakeville, MN, USA apartments for sale
Lakeville
According to statistics, the population in Lakeville, MN amounts to 61,056, which shows growth 2% compared to the previous year. The median age of the city’s residents is 36. The average household income is $102,943, shifting growth 4% from the past year, and the average property value in Lakeville, MN growth 6% to $276,500 throughout the year.
| Population | 61,056 |
| Median Age | 35.9 |
| Poverty Rate | 4% |
| Household Income | $102,943 |
| Number Of Employees | 35,111 |
| Median Property Value | $276,500 |
Household Income
The average household income in Lakeville, MN grew from $98,864 to $102,943 in the past year. This data is an estimate based upon 20,825 households in Lakeville, MN . The chart below presents how household income is distributed in Lakeville, MN in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Lakeville, MN shifted from $260,400 to $276,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lakeville, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lakeville, MN properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lakeville, MN compared to median property taxes around the country. The prevalent amount of property taxes in Lakeville, MN equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Lakeville, MN, USA
Average sale in Lakeville: $530,688 (+10.2%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| 2 bed for sale | $462,861 | +36% |
| 3 bed for sale | $464,262 | +18.2% |
| 4+ bed for sale | $584,240 | +7.8% |
During Dec 2021, the average price for an apartment in/near Lakeville, MN increased by 10.2% to $530,688.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $462,861. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $464,262. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $584,240 for a big-family home.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Houses for sale | $557,208 | +7.7% |
| Condos for sale | $469,627 | +15.5% |
| Duplexes for sale | $249,900 | N/A |
| Lofts for sale | $462,400 | +32.5% |
| Apartments for sale | $111,175 | N/A |
| Townhouses for sale | $262,000 | N/A |
While assessing the property pricing Lakeville, MN, you can note that it remains flat with a price tag of $111,175. According to statistics, average house is still $557,208 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $469,627. An average value of duplex is $249,900, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $462,400. Value of the townhouses didn’t change, the price still starts at $262,000.
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