Lakeville, MN Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Lakeville, MN.

Average buy price
$196.00 / sqft

Typical residential purchase price per square foot.

Average rent
$1.95 / sqft / month

Monthly rent per square foot.

Median home price
$499,151

Estimated median residential sale price.

Median monthly rent
$2,200

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 5.2% over the last 5 years.

Rent price development

Rent prices have increased by about 30.6% over the last 5 years.

Submitted values in Lakeville

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-05 Buy condo $236.00 / sqft 1,125 sqft $265,500 Timbercrest 55044
2026-07-05 Buy single-family home $181.00 / sqft 3,240 sqft $586,440 Lake Marion 55024
2026-07-03 Buy single-family home $199.00 / sqft 2,465 sqft $490,535 Kenwood Trail 55020
2026-07-03 Rent condo $2.28 / sqft 840 sqft $1,915 Downtown Lakeville 55044
2026-07-02 Rent townhouse $1.69 / sqft 1,525 sqft $2,577 North Creek 55044
2026-07-02 Rent townhouse $1.74 / sqft 1,360 sqft $2,366 Foxborough 55068
2026-07-01 Rent single-family home $1.35 / sqft 2,220 sqft $2,997 Brackett's Crossing 55044
2026-06-30 Rent apartment $2.08 / sqft 925 sqft $1,924 Timbercrest 55044
2026-06-29 Rent luxury apartment $2.41 / sqft 735 sqft $1,771 Northlake 55044
2026-06-27 Rent duplex $1.58 / sqft 1,715 sqft $2,710 Antlers Park 55044
2026-06-26 Buy condo $245.00 / sqft 1,210 sqft $296,450 Orchard Lake 55044
2026-06-26 Rent studio apartment $2.65 / sqft 640 sqft $1,696 Northlake 55044
2026-06-22 Buy townhouse $225.00 / sqft 1,680 sqft $378,000 Avonlea 55044
2026-06-20 Buy single-family home $213.00 / sqft 2,185 sqft $465,405 Antlers Park 55044
2026-06-19 Buy condo $255.00 / sqft 1,325 sqft $337,875 Crystal Lake 55044
2026-06-18 Buy condo $221.00 / sqft 1,460 sqft $322,660 Downtown Lakeville 55044
2026-06-13 Buy loft $238.00 / sqft 980 sqft $233,240 Downtown Lakeville 55044
2026-06-10 Rent townhouse $1.48 / sqft 1,820 sqft $2,694 Dodd Crossing 55044
2026-06-08 Buy single-family home $202.00 / sqft 2,525 sqft $510,050 North Creek 55044
2026-06-05 Rent multi-family home $1.55 / sqft 1,650 sqft $2,558 Lake Marion 55024
2026-06-02 Buy single-family home $192.50 / sqft 2,380 sqft $458,150 North Creek 55044
2026-06-01 Buy single-family home $176.00 / sqft 3,825 sqft $673,200 Prairie Lake 55024
2026-05-29 Buy single-family home $208.00 / sqft 2,340 sqft $486,720 Lakeville Woods 55044
2026-05-29 Buy single-family home $191.00 / sqft 2,860 sqft $546,260 Fieldstone Creek 55044
2026-05-28 Buy single-family home $178.00 / sqft 3,550 sqft $631,900 Argonne 55068
2026-05-26 Rent apartment $1.82 / sqft 1,265 sqft $2,302 Highview Heights 55044
2026-05-26 Rent luxury apartment $2.36 / sqft 705 sqft $1,664 Northlake 55044
2026-05-26 Rent condo $1.91 / sqft 1,125 sqft $2,149 Kenwood Trail 55020
2026-05-24 Rent townhouse $1.67 / sqft 1,420 sqft $2,371 Cedar Landing 55044
2026-05-22 Rent loft $1.98 / sqft 1,010 sqft $2,000 Downtown Lakeville 55044
2026-05-19 Buy single-family home $164.00 / sqft 4,450 sqft $729,800 Brackett's Crossing 55044
2026-05-19 Rent single-family home $1.31 / sqft 2,340 sqft $3,065 Argonne 55068
2026-05-13 Rent condo $2.12 / sqft 860 sqft $1,823 Crystal Lake 55044
2026-05-12 Buy single-family home $167.00 / sqft 4,100 sqft $684,700 Spirit of Brandtjen Farm 55044
2026-05-12 Rent apartment $1.86 / sqft 1,185 sqft $2,204 Cedar Highlands 55044
2026-05-07 Buy condo $260.00 / sqft 900 sqft $234,000 Crossroads 55044
2026-05-03 Buy townhouse $205.00 / sqft 1,875 sqft $384,375 Timbercrest 55044
2026-04-28 Rent apartment $2.18 / sqft 780 sqft $1,700 Crossroads 55044
2026-04-24 Buy single-family home $215.00 / sqft 2,060 sqft $442,900 Cedar Landing 55044
2026-04-23 Rent single-family home $1.43 / sqft 2,075 sqft $2,967 Orchard Lake 55044
2026-04-20 Rent duplex $1.62 / sqft 1,480 sqft $2,398 Prairie Lake 55024
2026-04-16 Buy single-family home $186.00 / sqft 3,310 sqft $615,660 Ritter Farm Park 55044
2026-04-13 Buy townhouse $232.00 / sqft 1,545 sqft $358,440 Crossroads 55044
2026-04-10 Rent single-family home $1.46 / sqft 1,980 sqft $2,891 Avonlea 55044
2026-04-10 Rent studio apartment $2.72 / sqft 515 sqft $1,401 Northlake 55044
2026-04-09 Buy townhouse $229.00 / sqft 1,750 sqft $400,750 Foxborough 55044
2026-04-07 Buy single-family home $197.00 / sqft 2,760 sqft $543,720 Highview Heights 55044
2026-04-06 Buy single-family home $188.00 / sqft 2,995 sqft $563,060 Dodd Crossing 55044
2026-04-06 Rent studio apartment $2.52 / sqft 560 sqft $1,411 Downtown Lakeville 55044
2026-04-05 Rent apartment $1.93 / sqft 1,080 sqft $2,084 Crossroads 55044
2026-03-01 Rent luxury apartment $1.92 / sqft / month 1,460 sqft $2,803 Northlake 55044
2025-10-01 Rent apartment $1.83 / sqft / month 860 sqft $1,574 Timbercrest 55044
2025-05-15 Buy single-family home $202.00 / sqft 2,750 sqft $555,500 Prairie Lake 55024
2024-09-01 Rent townhouse $1.71 / sqft / month 1,235 sqft $2,112 Dodd Crossing 55044
2024-06-06 Buy single-family home $216.00 / sqft 3,425 sqft $739,800 Orchard Lake 55044
2023-11-01 Rent single-family home $1.64 / sqft / month 1,730 sqft $2,837 Argonne 55068
2023-07-19 Buy townhouse $207.00 / sqft 2,040 sqft $422,280 Avonlea 55044
2022-08-01 Rent apartment $1.58 / sqft / month 975 sqft $1,541 Crossroads 55044
2022-05-27 Buy single-family home $214.00 / sqft 2,865 sqft $613,110 Brackett's Crossing 55044
2021-09-01 Rent townhouse $1.47 / sqft / month 1,320 sqft $1,940 Foxborough 55044
2021-06-14 Buy single-family home $192.00 / sqft 2,520 sqft $483,840 North Creek 55044
2020-10-01 Rent condo $1.39 / sqft / month 1,025 sqft $1,425 Downtown Lakeville 55044
2020-08-17 Buy single-family home $178.00 / sqft 2,375 sqft $422,750 Lake Marion 55024
2019-11-01 Rent single-family home $1.34 / sqft / month 1,610 sqft $2,157 Antlers Park 55044
2019-05-23 Buy single-family home $171.00 / sqft 3,240 sqft $554,040 Spirit of Brandtjen Farm 55044
2018-07-01 Rent apartment $1.29 / sqft / month 880 sqft $1,135 Cedar Highlands 55044
2018-03-30 Buy townhouse $163.00 / sqft 1,840 sqft $299,920 Crossroads 55044
2017-09-01 Rent townhouse $1.22 / sqft / month 1,100 sqft $1,342 Timbercrest 55044
2017-06-09 Buy single-family home $156.00 / sqft 2,685 sqft $418,860 Dodd Crossing 55044
2016-12-01 Rent single-family home $1.18 / sqft / month 1,525 sqft $1,800 Argonne 55068
2016-07-25 Buy single-family home $149.00 / sqft 2,215 sqft $330,035 Highview Heights 55044
2015-08-01 Rent apartment $1.12 / sqft / month 940 sqft $1,053 Downtown Lakeville 55044
2015-05-18 Buy single-family home $141.00 / sqft 3,010 sqft $424,410 Orchard Lake 55044
2014-10-01 Rent duplex $1.08 / sqft / month 1,360 sqft $1,469 Lake Marion 55024
2014-08-11 Buy condo $133.00 / sqft 1,585 sqft $210,805 Kenwood Trail 55020
2013-06-01 Rent apartment $1.03 / sqft / month 790 sqft $814 Crossroads 55044
2013-04-29 Buy single-family home $126.00 / sqft 2,760 sqft $347,760 Brackett's Crossing 55044
2012-09-01 Rent townhouse $0.98 / sqft / month 1,180 sqft $1,156 Cedar Highlands 55044
2012-06-20 Buy townhouse $118.00 / sqft 1,900 sqft $224,200 Timbercrest 55044
2011-11-01 Rent condo $0.94 / sqft / month 1,005 sqft $945 Foxborough 55068
2011-10-03 Buy single-family home $108.00 / sqft 2,060 sqft $222,480 Prairie Lake 55024
2010-07-01 Rent single-family home $0.92 / sqft / month 1,450 sqft $1,334 Antlers Park 55044
2010-05-06 Buy single-family home $116.00 / sqft 2,480 sqft $287,680 North Creek 55044
2009-12-01 Rent apartment $0.88 / sqft / month 890 sqft $783 Downtown Lakeville 55044
2009-07-22 Buy townhouse $110.00 / sqft 1,780 sqft $195,800 Crossroads 55044
2008-09-01 Rent townhouse $0.90 / sqft / month 1,040 sqft $936 Timbercrest 55044
2008-04-14 Buy single-family home $122.00 / sqft 2,325 sqft $283,650 Dodd Crossing 55044
2007-05-01 Rent single-family home $0.95 / sqft / month 1,325 sqft $1,259 Lake Marion 55024
2006-06-27 Buy single-family home $137.00 / sqft 3,140 sqft $430,180 Spirit of Brandtjen Farm 55044
2005-09-16 Buy single-family home $128.00 / sqft 2,190 sqft $280,320 Argonne 55068
2005-08-01 Rent apartment $0.91 / sqft / month 715 sqft $651 Cedar Highlands 55044
2004-11-08 Buy single-family home $119.00 / sqft 2,860 sqft $340,340 Orchard Lake 55044
2004-06-01 Rent townhouse $0.86 / sqft / month 1,190 sqft $1,023 Foxborough 55044
2003-08-19 Buy townhouse $111.00 / sqft 1,435 sqft $159,285 Prairie Lake 55024
2003-01-01 Rent condo $0.82 / sqft / month 960 sqft $787 Downtown Lakeville 55044
2002-05-10 Buy single-family home $104.00 / sqft 2,650 sqft $275,600 Brackett's Crossing 55044
2001-10-01 Rent apartment $0.78 / sqft / month 760 sqft $593 Highview Heights 55044
2001-09-21 Buy condo $96.00 / sqft 1,710 sqft $164,160 Crystal Lake 55044
2000-02-01 Rent townhouse $0.76 / sqft / month 1,280 sqft $973 Kenwood Trail 55020
1999-06-04 Buy single-family home $91.00 / sqft 2,420 sqft $220,220 Antlers Park 55044
1998-12-01 Rent condo $0.72 / sqft / month 840 sqft $605 Timbercrest 55044
1998-10-15 Buy single-family home $87.00 / sqft 1,985 sqft $172,695 North Creek 55044
1997-04-01 Rent duplex $0.69 / sqft / month 1,100 sqft $759 Lake Marion 55024
1996-07-30 Buy single-family home $82.00 / sqft 2,260 sqft $185,320 Foxborough 55068
1995-11-01 Rent apartment $0.66 / sqft / month 650 sqft $429 Crossroads 55044
1995-05-24 Buy townhouse $74.00 / sqft 1,540 sqft $113,960 Cedar Highlands 55044
1994-03-01 Rent townhouse $0.61 / sqft / month 920 sqft $561 Orchard Lake 55044
1993-08-12 Buy single-family home $69.00 / sqft 1,850 sqft $127,650 Lake Marion 55024
1992-09-01 Rent apartment $0.57 / sqft / month 720 sqft $410 Downtown Lakeville 55044
1992-06-18 Buy single-family home $64.00 / sqft 1,320 sqft $84,480 Downtown Lakeville 55044

Housing market overview for Lakeville, MN

The real estate market in Lakeville, MN can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $196.00 / sqft and an average rent of $1.95 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Lakeville?

The average residential buy price in Lakeville, MN is $196.00 / sqft based on the current values available on this page.

How much is rent per square foot in Lakeville?

The average rental price in Lakeville, MN is $1.95 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Lakeville increasing?

Buy prices have increased by about 5.2% over the last 5 years. Rent prices have increased by about 30.6% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.