Market report, updated

Market Report

Search in the city of Prior Lake

Midwestrealtymn.com
Report prepared by Midwestrealtymn.com
Midwestrealtymn.com logo

Market at a glance

Over the last 6 months, homes sold for 98.7% of list price in 73 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $775K Sold · $747K
$910K$790K$670K$550K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 61 sales in May. Last month: 39.

Where the market stands

All homes in this report, by status.

485homes
Active167 · 34%
Under contract44 · 9%
Sold (6 mo)274 · 56%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1.29M
Under contract$1.03M
Sold$720K

Average days on market

Active122 days
Under contract78 days
Sold73 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 167
Average list price $1,287,619
Avg. days on market 122 days
Avg. price per ft² $276 Based on 125 of 167 homes
Avg. living area 3,331 ft² Based on 125 of 167 homes
Avg. beds / baths 3.9 / 3.6

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

42 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$6M$4M$2M$0

Price vs. living area: 124 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

42 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

14458 Shady Beach Trail NE$974
14484 Shady Beach Trail NE$859
6412 Conroy Street NE$798
5283 Frost Point Circle SE$785
4303 Bass Street$719
16565 Northwood Road NW$624
16576 Inguadona Beach Circle SW$562

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
16071 Saint Paul Avenue SEPrior Lake, MN 55372 522,020$344,900$1701 day
17760 Winfield CourtPrior Lake, MN 55372 433,271$995,900$3042 days
16576 Inguadona Beach Circle SWPrior Lake, MN 55372 221,600$899,900$5624 days
5202 Hampton Street NEPrior Lake, MN 55372 331,871$365,000$1954 days
1X Marschall RoadPrior Lake, MN 55372 ———$5,000,000—4 days
5627 Mount Curve Boulevard SEPrior Lake, MN 55372 543,453$665,000$1924 days
16099 Northwood Road NWPrior Lake, MN 55372 342,909$1,350,000$4645 days
17826 Meadows Way SEPrior Lake, MN 55372 543,514$709,900$2026 days
15110 Jeffers Pass NWPrior Lake, MN 55372 333,672$750,000$2046 days
2471 185th Street EPrior Lake, MN 55372 342,692$994,900$3698 days
Midwestrealtymn.com

Questions about this market?

Midwestrealtymn.com logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Midwestrealtymn.com

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.