Foreclosure Homes in Lakeville, MN 55044

Current Market Conditions in Lakeville, MN

The real estate market in Lakeville remains competitive, with homes often receiving multiple offers shortly after listing. Recent data shows a steady increase in home prices attributed to a high demand for housing and limited inventory in the area, appealing largely to families and professionals alike.

Lakeville's development plans and ongoing infrastructure investments are attracting new residents, indicating a positive trend in property values and potential for future appreciation.

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.