In March 2022, there were two homes sold, with a median sale price of $557,500 - a 74.3% increase over the $319,900 median sale price for the same period of the previous year. There were three homes sold in Lakeland in March 2021.
The median sales tax in Lakeland for the most recent year with available data, 2020, was $2,635, approximately 0.5% of the median home sale price for March 2022.
The following table compares Lakeland to other Washington County cities with similar median sale prices in March 2022:
| City | Mar. 2022 Home Sales | Mar. 2021 Home Sales | % change (Total Home Sales) | Mar. 2022 Median Sales Price | Mar. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Dellwood | 1 | 2 | -50% | $1,135,000 | $928,000 | 22.3% |
| Grant | 2 | 3 | -33.3% | $842,500 | $395,000 | 113.3% |
| Hastings | 1 | 0 | - | $780,000 | $0 | - |
| Pine Springs | 1 | 0 | - | $725,000 | $0 | - |
| Scandia | 2 | 3 | -33.3% | $672,950 | $317,000 | 112.3% |
| Lakeland | 2 | 3 | -33.3% | $557,500 | $319,900 | 74.3% |
| Lake Elmo | 5 | 5 | 0% | $515,000 | $557,000 | -7.5% |
| Bayport | 4 | 6 | -33.3% | $417,500 | $355,000 | 17.6% |
| Woodbury | 68 | 78 | -12.8% | $403,000 | $342,450 | 17.7% |
| Stillwater | 30 | 31 | -3.2% | $375,000 | $365,000 | 2.7% |
| Mahtomedi | 9 | 5 | 80% | $375,000 | $400,000 | -6.3% |
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