Home prices
The median home in Lakeville is valued at $87,500. It is roughly $13,260 (13%) lower compared to the surrounding areas.It is roughly $130,000 (59%) lower in comparison to the US as a whole, and in comparison to the city of Chicago it is roughly $170,500 (66%) lower.
Rents
Lakeville's median rent is $810 a month. Compared to nearby areas it is approximately $89 (12%) higher.In comparison to the nation as a whole it is approximately $252 (23%) lower, and in comparison to the city of Chicago it is approximately $302 (27%) lower.
Nearby places
La Paz
La Paz is about 5 miles south of Lakeville. Real estate prices there are somewhat less expensive. The median home in La Paz costs $77,800, which comes out to $9,700 (12%) lower than Lakeville. Rent there is a little more expensive. La Paz's median monthly rent is $877, which comes out to $67 (7%) higher than Lakeville.
North Liberty
North Liberty is roughly 6 miles west of Lakeville. The housing prices there are somewhat more expensive. North Liberty's median home price is $107,900, which is $20,400 (18%) higher than Lakeville. Its rents are a lot less expensive. The median monthly rent in North Liberty is $517, which is $293 (56%) lower than Lakeville.
Bremen
Bremen is about 7 miles southeast from Lakeville. Housing prices there are a lot more expensive. The median home in Bremen is valued at $134,100, which comes out to $46,600 (34%) higher than Lakeville. Rent there is a bit less expensive. In Bremen the median monthly rent is $719, which comes out to $91 (12%) lower than Lakeville.
South Bend
South Bend is approximately 9 miles north from Lakeville. Its real estate prices are fairly similar. The median home cost in South Bend is $85,200, which comes out to $2,300 (2%) lower than Lakeville. Rent there is similar. In South Bend the median rent is $789 per month, which is $21 (2%) lower than Lakeville.
Walkerton
Walkerton is about 10 miles southwest from Lakeville. Housing prices there are a little more expensive. The cost of the median home in Walkerton is $98,800, which works out to $11,300 (11%) higher than Lakeville. Rent there is a little less expensive. In Walkerton the median monthly rent is $704, which comes out to $106 (15%) lower than Lakeville.
