Foreclosure Homes in Lakeville, MN 55044

Current Market Conditions in Lakeville, MN

Currently, Lakeville's real estate market is thriving, with a steady appreciation in property values over the past few years. The demand for homes has increased, driven by the area's reputation for quality living and excellent education options. Investors can expect a solid return on investment as more families seek to move to this desirable location.

The market remains competitive, with a diverse range of available properties. With new developments and an influx of residents, the trend indicates a positive growth trajectory for real estate in Lakeville. This makes it an advantageous time for investors to consider properties in this area.

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.