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Lakeville Collection

Parks & Schools Homes in Lakeville

Lakeville is one of the fastest-growing suburbs in Dakota County, and the infrastructure keeps pace. The new developments south of 185th Street — Argenta Hills, Spirit of Brandtjen Farm — are designed around parks and trail connections. Lakeville Area Schools (ISD 194) split between Lakeville North and Lakeville South High Schools, both well-rated. Homes run $380K-$550K for newer four-bedroom builds.

Market Context — Twin Cities Metro

Median Sales Price$417,000
+2.7%vs. last year
Days on Market18 days
+5.9%vs. last year
Months Supply1.9 months
+5.6%vs. last year
Market Metric0
--Data unavailable

Metro-wide data provides context for Lakeville pricing. Neighborhood-level stats vary.

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Parks & Schools Homes in Lakeville — Common Questions

Which Lakeville neighborhoods have the best access to parks and schools?
Lakeville neighbors typically prioritize three things: walkability to elementary schools (most parents want under a 10-minute walk), trail access for biking, and proximity to community centers with after-school programs. The neighborhoods that score highest on all three tend to sell 8-12% above city median because demand consistently outpaces inventory.
What is the typical home budget in Lakeville right now?
For a 4-bedroom home in a top school attendance area of Lakeville, expect $425,000-650,000. The entry point for new construction with a 3-car garage starts around $550,000. Key budget factor: Lakeville property taxes run $3,500-5,500 annually for this price range — lower than comparable Minneapolis neighborhoods by about 15%.

Drawing from 25 years of Twin Cities real estate experience and 500+ guided transitions.

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