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Featured local agent — Lakeville, CT
Sarah Mitchell
Compass Real Estate · Lakeville, CT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lakeville, CT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.16Mmedian sale price
How is the Lakeville, CT housing market right now?
The median home sale price in Lakeville, CT is $1.16M, up 69.3% year-over-year. Homes sell in an average of 215 days with 7 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lakeville a buyer's or seller's market?
Lakeville, CT is currently a balanced market, based on 3.5 months of supply and homes selling in about 215 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
215
Average pace
Active listings
7
3.5 months supply
Sale-to-list
98.7%
Below asking
What does the Lakeville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.16M |
| Median list price | $807,500 |
| Year-over-year price change | +69.3% |
| Average days on market | 215 days |
| Active inventory | 7 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $444/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Listings with a price cut | 42.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lakeville by property type?
How the Lakeville, CT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.16M | $444/sq ft | 2 | 215 days |
Source: Redfin · Updated monthly
The Lakeville housing market is currently classified as a balanced market with a median sale price of $1.16M. Prices have risen 69.3% compared to last year, with homes spending an average of 215 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lakeville
There are currently 7 homes listed for sale in Lakeville, Connecticut. The median listing price is $808K.
Active listings
7
Homes on market
Median list price
$808K
Avg. days on market
215
Days until sale
New this week
4
Newly listed
Who lives in Lakeville?
Population
641
Median income
$95,156/yr
Median age
56.3 years
Owner-occupied
73.2%
College grads
74.7%
Avg commute
28.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Lakeville?
Lakeville is a community of approximately 1K residents with a median age of 56.3 years.The median household income is $95,156, which reflects a relatively affluent area with strong earning potential. 74.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 73.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lakeville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lakeville?
1 schools tracked · 303 students
The largest public schools serving Lakeville, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Salisbury Central School
Grades PK-8 · 303 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lakeville, CT?
Want a head-to-head view? Compare Lakeville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lakeville?
The median home sale price in Lakeville is $1.16M, up 69.3% from last year.
How long do homes stay on market in Lakeville?
Homes typically spend 215 days on market before going under contract.
What is the median income in Lakeville?
The median household income is $95,156 per year.
Is Lakeville a buyer's or seller's market?
With 3.5 months of supply, Lakeville is currently a balanced market.
How much does a single-family home cost in Lakeville?
The median single-family home price in Lakeville, CT is $1.16M (about $444 per square foot).
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