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Lakeville, MN 55044 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Lakeville, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 134134PendingPending sales: 1313
Lakeville, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $566k$566kSoldMedian sold price (last 6 months): $540k$540k
What homes actually sell for in Lakeville, MN
Distribution of 636 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $425k to $645k
$300k to $383k: 64 sales$300k$383k to $466k: 104 sales$466k to $549k: 132 sales132sales$466k$549k to $632k: 124 sales$632k to $716k: 86 sales$632k$716k to $799k: 39 sales$799k to $882k: 14 sales$799k$882k to $965k: 10 salesMedian $540k

What the numbers say

As of October 26, 2026, Resideline is tracking 134 active listings and 13 pending sales in ZIP code 55044. That pending-to-active ratio of 0.10 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $565,920, while the median of the 636 closed sales Resideline tracked over the last six months was $540,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55044 for 81 days.

Frequently asked questions

What is the median home price in 55044?

The median closed sale price in Lakeville, MN 55044 was $540,000 over the last six months, based on 636 closed sales tracked by Resideline. The middle half of those sales ranged from $425,000 to $645,000.

Is 55044 a buyer's or seller's market?

Resideline is currently tracking 13 pending sales against 134 active listings in 55044, a pending-to-active ratio of 0.10. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 55044 is currently a typical-pace market.

Nearby ZIP code market data

Full Lakeville, MN housing market report →

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