In August 2019, there were three homes sold, with a median sale price of $250,000 - a 21.8% decrease over the $319,500 median sale price for the same period of the previous year. There were eight homes sold in Lakeland Village in August 2018.
The median sales tax in Lakeland Village for the most recent year with available data, 2016, was $1,467, approximately 0.6% of the median home sale price for August 2019.
The following table compares Lakeland Village to other Riverside County cities with similar median sales prices in August 2019:
| City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cherry Valley | 3 | 7 | -57.1% | $300,000 | $270,000 | 11.1% |
| San Jacinto | 46 | 75 | -38.7% | $299,000 | $294,500 | 1.5% |
| Coachella | 10 | 18 | -44.4% | $288,500 | $246,000 | 17.3% |
| Hemet | 97 | 178 | -45.5% | $270,000 | $268,500 | 0.6% |
| Idyllwild-Pine Cove | 5 | 23 | -78.3% | $256,000 | $305,000 | -16.1% |
| Lakeland Village | 3 | 8 | -62.5% | $250,000 | $319,500 | -21.8% |
| Banning | 26 | 29 | -10.3% | $248,000 | $240,000 | 3.3% |
| Sun City | 1 | 0 | - | $234,000 | $0 | - |
| Desert Hot Springs | 38 | 73 | -47.9% | $225,000 | $220,000 | 2.3% |
| Cabazon | 2 | 3 | -33.3% | $168,000 | $157,000 | 7% |
| Blythe | 9 | 17 | -47.1% | $157,500 | $115,000 | 37% |
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