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Lakeville, MN 55044 Housing Market

Data snapshot: October 5, 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: 125125PendingPending sales: 1212
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): $549k$549kSoldMedian sold price (last 6 months): $540k$540k
What homes actually sell for in Lakeville, MN
Distribution of 653 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $425k to $645k
$308k to $385k: 68 sales$308k$385k to $462k: 102 sales$462k to $539k: 117 sales$462k$539k to $616k: 124 sales124sales$616k to $693k: 97 sales$616k$693k to $771k: 48 sales$771k to $848k: 20 sales$771k$848k to $925k: 12 salesMedian $540k

What the numbers say

As of October 5, 2026, Resideline is tracking 125 active listings and 12 pending sales in ZIP code 55044. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $548,752, while the median of the 653 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 69 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 653 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 12 pending sales against 125 active listings in 55044, a pending-to-active ratio of 0.10. 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

Full Lakeville, MN housing market report →

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