Is Lakeville, MN 55044 a buyer’s or seller’s market?
Lakeville is a seller’s market. With about 2.8 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.8Under 4 months = seller’s market
Sold above original list28.2%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$201▼ −1.3% vs. last year
Run the numbers for 55044
Nearby markets
Burnsville 55306Seller’s market $187 /sq ftBurnsville 55337Seller’s market $180 /sq ftFarmington 55024Seller’s market $192 /sq ftHampton 55031Buyer’s market $192 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology