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Foreclosure Homes in Lakeville, MN

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Lakeville, MN Foreclosures

Current Market Conditions in in Lakeville, MN As of March 2026?
Over the past month, Lakeville's housing market has seen a slight uptick in both demand and home prices. Due to limited inventory, homes are selling rapidly, with many listings receiving multiple offers. The market remains favorable for sellers, but buyers are still finding opportunities in newly listed properties. Interest rates have also stabilized, encouraging some hesitant buyers to make offers.
How much do homes sell for in Lakeville, MN?
The average home price is currently $557,863.
In Lakeville, MN, how many homes are available?
There are currently 94 active home listings available in Lakeville.
What’s the average rental cost in Lakeville, MN?
The average rental price in Lakeville is $2,103.
What is the most expensive home in Lakeville?
The most expensive home sold in Lakeville had a price of $27,544,943.
What is currently the cheapest priced home in Lakeville, MN?
The cheapest home for sale in Lakeville is priced at $13,623.

Living in Lakeville, MN

Lakeville is a vibrant suburban community located in Dakota County, Minnesota. Known for its family-friendly atmosphere, diverse housing options, and quality schools, it provides residents with a balanced lifestyle. The area boasts numerous parks and recreational opportunities, making it ideal for those who appreciate outdoor activities.

Buyer vs Seller Market in Lakeville, MN

The real estate market in Lakeville is currently experiencing a steady increase in home values, particularly due to its attractive amenities and proximity to urban centers. The demand for housing remains strong as more families are drawn to the area for its quality schools and recreational opportunities.

New developments are ongoing, resulting in a variety of housing options, from affordable starter homes to luxury estates. Buyers are actively seeking homes here, contributing to a competitive market.

Home Value Estimator For Lakeville, MN

There are currently 24,382 real estate properties in Lakeville, MN, with a median automated valuation model (AVM) price of $521,115.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lakeville, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lakeville, MN, is $557,863.00, with the most expensive house in Lakeville, MN, topping out at $27,544,943.00 and the cheapest home in Lakeville, MN, clocking in at $13,623.00. In other words, there’s something for every potential homebuyer or savvy investor in Lakeville, MN!

Rent Prices In Lakeville, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakeville, MN, is on a rollercoaster ride. The average rent price in Lakeville, MN, is $2,103.00. Indeed, when looking to rent in Lakeville, MN, you can expect to pay as little as $830.00 or as much as $4,900.00, with the average rent median estimated to be $2,040.00. The good news is that finding an affordable and desirable property to rent in Lakeville, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lakeville, MN Foreclosures


Market Trend for Lakeville, MN

Total Listings Available: 94

Market Values:

Home Prices from $13,623 to $27,544,943

Average Sales Price: $557,863

Rental Values:

Rental from $830 to $4,900

Average Rent Value: $2,103 / month

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