There are some incredible values in Lakeville (check out 20857 Iran Ave S, Lakeville, MN). Prices have been hit very hard in Lakeville:
2008- Closed sales are down - 12.3%
2008- Avg sales price is down -6.9%
2008- Supply is down -15.1%
2008- Avg sales price $285,018.
There have been 41 single family homes that have an "off market" date of 11/15/2008-present.