Lakeville, MN Real Estate
According to census data in the year 2000 there were 13,799 housing units in Lakeville.
This represents a 70.3% growth from 8,105 in 1990.
Of those housing units, 13,391 were located in either urbanized areas or urban clusters, and 408 were located in what is classified as a rural area.
Homeownership rate in Lakeville is about 91.4%.
Lakeville's vacancy rate, including seasonal lodging, is about 1.4%.
Average household size is 3.17 people.
The majority of houses, apartments or condos in Lakeville were built after 1988.
|Housing Units by Size|
|Five Bedrooms or more||7.80%|
Owned Homes, Apartments and Condos
|Average Household Size||3.24|
|Median year structure was built||1989|
|Median Value of occupied units||$170,400|
|Median Price asked for vacant units||$213,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.4|
|Median year structure was built||1984|
|Median Monthly Rent asked for vacant units||$800|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||17.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.1%|