Heritage, Lakeville, MN
Heritage — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Heritage, Lakeville, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Heritage Neighborhood Overview
Heritage is a well-established residential neighborhood in Lakeville, Minnesota, offering a serene suburban lifestyle. Located with the ZIP code 55044, it provides a family-friendly atmosphere within the broader Twin Cities metropolitan area. The community is characterized by its quiet streets and a strong sense of local pride.
Lifestyle & Amenities
Residents of Heritage enjoy a peaceful, residential setting ideal for families and professionals. The neighborhood is conveniently located near local shopping centers, restaurants, and community parks in Lakeville. Its suburban charm is complemented by easy access to the recreational opportunities of the surrounding area.
Real Estate Market
The real estate market in Heritage features substantial single-family homes, with a Census median home value of $433,800. Current market trends show a price per square foot of approximately $168.59, indicating a stable and desirable housing sector. The market caters primarily to homeowners seeking established properties in a mature neighborhood.
Schools & Education
Heritage is served by the highly regarded Lakeville Area Public Schools district, 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 district's reputation is a significant draw for those prioritizing education.
Transportation & Connectivity
The neighborhood offers convenient access to major roadways, including Interstate 35, facilitating commutes to Minneapolis, St. Paul, and other southern suburbs. While primarily car-dependent, the area's layout ensures efficient travel by private vehicle. Its location provides a balance of suburban tranquility and metropolitan accessibility.
Why Choose Heritage
Choosing Heritage means selecting a stable community with above-average median household incomes of $133,085 and valuable real estate. It is ideal for those seeking a traditional suburban neighborhood with excellent schools and a convenient location. The area represents a sound investment in a family-oriented lifestyle within the thriving city of Lakeville.
Heritage 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 Heritage, Lakeville
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Heritage, 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