Prior Lake Market Report

$1,255,639

AVERAGE PRICE OF 189 HOMES

$499,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$6,023,063

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$721,894

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$684,557

AVERAGE PRICE OF 7 HOMES WITH A POOL

$702,512

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $1,255,639
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $173,450
2 bedrooms $327,556
3 bedrooms $471,618
4 bedrooms $639,159
5 bedrooms $940,202
Prior Lake Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 140 132 111 n/a 94
Average Price $660,038 $673,077 $694,252 n/a $710,852
Avg Price Change -1.98% -3.15% n/a n/a +5.71%
Median Price $520,779 $515,141 $512,127 n/a $485,101
Med Price Change +1.09% +0.59% n/a n/a -1.25%
Avg Bedrooms 3.67 beds 3.71 beds 3.7 beds n/a 3.7 beds
Avg Bathrooms 3.32 baths 3.31 baths 3.28 baths n/a 3.28 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 189 $1,255,639 75 days
Distressed Homes 1 $499,000 21 days
Multi-Million Dollar Homes 27 $6,023,063 121 days
Newly Built Homes 26 $721,894 112 days
Homes with a Pool 7 $684,557 39 days
Reduced Price Homes 7 $702,512 29 days