MN area data
Lakeville, MN
Lakeville, MN.
Population: 64,762 (Census ACS)
Home values & appreciation
- Median home value
- $519,180
- 1-year appreciation
- +1.0%
- 3-year appreciation
- +2.3%
- 5-year appreciation
- +11.1%
- 10-year appreciation
- +53.0%
- All-time peak (2022-07)
- $523,730
- House Price Index
- 429.3 (+3.3% YoY)
Market activity
- Median sale price
- $549,500
- Median list price
- $579,999
- Median days on market
- 33.5 days
- Sale-to-list ratio
- 100.0%
- Active listings
- 228
- 1-year forecast
- -0.4%
- Days to pending
- 39 days
- New listings (monthly)
- 120
Rents
- Typical rent
- $2,074/mo
- 1-year rent change
- +2.0%
- 1BR fair-market rent
- $943/mo
- 3BR fair-market rent
- $1,529/mo
Affordability
- Cost of living index (Average)
- 97.5 (100 = US avg)
- Electricity rate (state-level)
- 15.8¢/kWh
- Natural gas rate (state-level)
- $11.00/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 20
- Elementary schools
- 10
- Middle schools
- 4
- High schools
- 5
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- strongWind, coldWave, hail, lightning, tornado
- FEMA flood zone
- A
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 49.0°F
- Average high
- 57.0°F
- Average low
- 40.0°F
- Annual precipitation
- 40.8 in
- Annual snowfall
- 48.3 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 49
- Days with Good air quality
- 184
- Days with Unhealthy air quality
- 3
Walkability & transit
- Walkability index
- 5.7 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Mississippi National River & Recreation Area (23 mi)
- Nearest airport
- Airlake Airport (3 mi)
- Nearest major airport
- Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (17 mi)
- Hospitals nearby (~15 mi)
- 8
- Avg hospital rating
- 4.4 / 5
- Solar radiation rating
- Fair (3.8 kWh/m²/day)
Migration
- Net migration
- -197 tax filers
Housing stock
- Median year housing built
- 2,001
- Median annual property tax
- $4,788
- Mean commute to work
- 18 min
- Households with broadband internet
- 86.1%
Employment & development
- Total county employment
- 165,985
- Average weekly wage
- $1,340
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 1,212
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →