Great Oak Shores, Lakeville, MN
Great Oak Shores — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Great Oak Shores, Lakeville, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Great Oak Shores Neighborhood Overview
Great Oak Shores is a residential neighborhood in the city of Lakeville, Minnesota, located within the 55044 ZIP code. Characterized by its quiet, family-oriented atmosphere, the area offers a suburban lifestyle with convenient access to the amenities of the Twin Cities metro. Its coordinates place it in the southern part of the Minneapolis-Saint Paul metropolitan area.
Lifestyle & Amenities
Residents of Great Oak Shores enjoy a community-focused lifestyle centered around family and outdoor recreation. The neighborhood is in proximity to Lakeville's extensive park system, which includes trails, sports fields, and green spaces. Shopping and dining options are readily available in nearby commercial centers, serving the daily needs of the community.
Real Estate Market
The real estate market in Great Oak Shores is stable and desirable, with a high homeownership rate of 87%. The median home value is $433,800, with a typical price per square foot around $395.67, and properties spend an average of 71 days on the market, while the median monthly rent is reported at $1,648.
Schools & Education
Great Oak Shores is served by the Lakeville Area Public Schools district, which is known for its strong academic programs. Families in the neighborhood have access to a range of public educational institutions from elementary through high school. The area's high median household income often correlates with strong community support for its schools.
Transportation & Connectivity
The neighborhood provides good connectivity via major roadways, including Interstate 35, which offers a direct route north to Minneapolis and south to other destinations. While primarily car-dependent, the area's layout facilitates easy commutes within Lakeville and to neighboring suburbs. Public transit options connect residents to the broader Twin Cities region.
Why Choose Great Oak Shores
Great Oak Shores is an excellent choice for families and professionals seeking a peaceful suburban community with a strong sense of ownership, as evidenced by its high homeownership rate. The combination of above-average median household income, stable housing values, and access to quality schools creates a compelling living environment. It represents a balanced lifestyle with suburban comfort and metropolitan accessibility.
Great Oak Shores Market Data
| Metric | Value |
|---|---|
| Median Home Price | $434K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $133K |
| Homeownership Rate | 87.4% |
| Renter-Occupied | 12.7% |
| Rental Vacancy Rate | 4.0% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 55044 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Great Oak Shores, Lakeville
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Great Oak Shores, Lakeville, MN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12