Lakeville Named One of America's Hottest Neighborhoods for 2025

Exciting news for current and prospective Lakeville residents!

Our community has earned a coveted spot on Redfin's list of the 10 Hottest Neighborhoods of 2025, coming in at #9 nationwide.

What Makes Lakeville So Desirable?

According to Redfin's March 2025 report, Lakeville's popularity stems from three key factors that continue to attract homebuyers:

1. Top-rated schools that consistently rank among Minnesota's best

2. Beautiful lakes and natural surroundings offering year-round recreational opportunities

3. Convenient commute to Minneapolis - just 25 minutes to downtown

A Competitive Housing Market

The data confirms what many local buyers already know - Lakeville's housing market is red-hot:

• Median sale price: $495,000 (up 2% year-over-year)

• Median days on market: 43 days (19 days faster than last year)

• Homes selling above list price: 24% of listings

• Views per listing: Up 116% compared to 2024

What This Means for Lakeville Homeowners

For current homeowners, this recognition confirms what we already know - Lakeville offers an exceptional quality of life and remains a highly desirable place to live.

The steady appreciation in home values (2% year-over-year) suggests continued stability in our local market.

For those considering selling, the combination of limited inventory and high demand creates favorable conditions, with homes selling almost three weeks faster than they did a year ago.

Whether you're a longtime resident or considering making Lakeville your new home, this national recognition affirms what locals have long understood - our community offers the perfect blend of small-town charm and big-city convenience.

Data source: Redfin analysis ranking U.S. zip codes in the 150 most populous metro areas by year-over-year growth in listing views and Redfin Compete Score, January-February 2025.