Prior Lake Real Estate Market

Prior Lake Market

The median sale price for homes in Prior Lake over the last 12 months is $195,000.


The median mortgage debt is $200,233.

Additional Statistics for Single Family Homes and Condos in Prior Lake, MN
$355,830
Median Listing Price
60
Median Days on Market
239
Active Listings
21.8%
Distressed Listings
(foreclosures and short sales)
Prior Lake, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Prior Lake is $399,450. The list prices dropped by -0.11% from the previous month.

The price per square foot for listings in this area is $158.

The median sale price in November for single family homes is $239,000.

The price per square foot for sales in this area is $85.

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Prior Lake, MN Market Inventory Trends

The number of active listings in Prior Lake increased by 0.5% from the previous month.

The median number of days active properties have been listed is 61. This is significantly shorter than the national average.

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Prior Lake, MN Property Ownership

The percent of unoccupied properties is very low in Prior Lake. It is -10.5% below the national average.

The percent of owner occupied properties in Prior Lake is 18.35% above the national average.

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