Lakeville Real Estate

Lakeville is one of the fastest-growing cities in the Twin Cities area. As its name implies, Lakeville contains several lakes as well as smaller ponds and wetlands within its borders. The two largest lakes are Lake Marion and Orchard Lake, which are used heavily for recreation such as fishing, boating, and swimming. Smaller named natural lakes include Kingsley Lake and Lee Lake. Valley Lake is a small man-made lake in the northern part of the city. Airlake Industrial Park, developed by Maynard Johnson with colleagues at Bloomington-based Hitchcock Industries, is home to as many as 200 companies and an estimated 4,500 employees. The 1,500-acre park, one of the state's largest contiguous industrial parks, has attracted companies ranging from start-ups to large corporations. The Parks & Recreation Department maintains a total of 62 public properties, including neighborhood and community parks, athletic fields, playgrounds, greenways, trails, tennis courts, skating rinks, picnic areas, conservation areas, nature areas, several public fishing areas, swimming beaches, the City's Central Maintenance Facility, Senior Center, and the Lakeville Area Arts Center. Notable parks include Ritter Farm Park, North Park, Antlers Park, King Park, Valley Lake Park, and Aronson Park, which features a Veterans Memorial.
Coldwell Banker Realty
Coldwell Banker Realty

Lakeville - Town vs. County Stats

Avg Price in Lakeville: $558,100 / County Avg $430,500

65%

Avg Taxes in Lakeville: $3,200 / County Avg $4,000

39%

Avg Sq. Ft. in Lakeville: 2,894 / County Avg 2,300

63%

Avg Price per/sqft in Lakeville:$193 / County Avg $187

103%

Avg Walkscore in Lakeville: 13 / County Avg 22

30%

Avg Year Built in Lakeville: 2009 / County Avg 1990

50%

Avg Days on Website in Lakeville: 61 / County Avg 35

87%

Lakeville Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales