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Lakeville, MN 55044 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Lakeville, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.18
ActiveActive listings: 127127PendingPending sales: 2323
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): $535k$535kSoldMedian sold price (last 6 months): $540k$540k
What homes actually sell for in Lakeville, MN
Distribution of 649 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $421k to $640k
$313k to $384k: 71 sales$313k$384k to $456k: 98 sales$456k to $527k: 107 sales$456k$527k to $598k: 113 sales113sales$598k to $670k: 98 sales$598k$670k to $741k: 63 sales$741k to $813k: 23 sales$741k$813k to $884k: 11 salesMedian $540k

What the numbers say

As of September 14, 2026, Resideline is tracking 127 active listings and 23 pending sales in ZIP code 55044. That pending-to-active ratio of 0.18 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $535,000, while the median of the 649 closed sales Resideline tracked over the last six months was $539,500. 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 62 days.

Frequently asked questions

What is the median home price in 55044?

The median closed sale price in Lakeville, MN 55044 was $539,500 over the last six months, based on 649 closed sales tracked by Resideline. The middle half of those sales ranged from $421,370 to $640,000.

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

Resideline is currently tracking 23 pending sales against 127 active listings in 55044, a pending-to-active ratio of 0.18. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55044 currently looks like a balanced market.

Nearby ZIP code market data

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