LAKEVILLE HOUSING MARKET INFORMATION With a population of 76,243, 24,959 total housing units (homes and apartments), and a median house value of $517,954, Lakeville real estate is some of the most expensive in Minnesota, although Lakeville home values aren't among America's most expensive. Lakeville is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Lakeville than is found in 98% of the communities in America. Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lakeville. Owner-occupied housing accounts for 87.57% of Lakeville's homes, and 67.13% have either three or four bedrooms, which is average sized relative to America. There is a lot of housing in Lakeville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lakeville built between 2000 and later ( 45.30%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.11%). There's also some housing in Lakeville built before 1939 ( 1.24%). LAKEVILLE HOME APPRECIATION RATES Lakeville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lakeville during the period has been just 5.14%, which is lower than 80% of US communities. Over the last year, Lakeville appreciation rates have trailed the rest of the nation. In the last twelve months, Lakeville's appreciation rate has been 5.09%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Lakeville were at 0.44%, which equates to an annual appreciation rate of 1.79%. Relative to Minnesota, our data show that Lakeville's latest annual appreciation rate is lower than 80% of the other cities and towns in Minnesota. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Lakeville differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Lakeville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lakeville real estate investment or home purchase decisions.