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Prior Lake, MN real estate

Compare top Prior Lake real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Prior Lake real estate Market Report.

Information and statistics on the latest trends in the Prior Lake real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$485K
+8.1% from Q1 '26
Median list price
$570K
+14% from Q1 '26
Active listings
228
+33% from Q1 '26
Homes sold
128
+94% from Q1 '26
New pendings
126
+38% from Q1 '26
New listings
162
+43% from Q1 '26

Quarterly Pricing Trends for Prior Lake

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Prior Lake Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $447K Median sale price in Jul 2021 - Sep 2021: $392K Median sale price in Oct 2021 - Dec 2021: $435K Median sale price in Jan 2022 - Mar 2022: $410K Median sale price in Apr 2022 - Jun 2022: $492K Median sale price in Jul 2022 - Sep 2022: $489K Median sale price in Oct 2022 - Dec 2022: $420K Median sale price in Jan 2023 - Mar 2023: $465K Median sale price in Apr 2023 - Jun 2023: $517K Median sale price in Jul 2023 - Sep 2023: $445K Median sale price in Oct 2023 - Dec 2023: $448K Median sale price in Jan 2024 - Mar 2024: $515K Median sale price in Apr 2024 - Jun 2024: $475K Median sale price in Jul 2024 - Sep 2024: $450K Median sale price in Oct 2024 - Dec 2024: $467K Median sale price in Jan 2025 - Mar 2025: $460K Median sale price in Apr 2025 - Jun 2025: $488K Median sale price in Jul 2025 - Sep 2025: $476K Median sale price in Oct 2025 - Dec 2025: $490K Median sale price in Jan 2026 - Mar 2026: $448K Median list price in Apr 2021 - Jun 2021: $380K Median list price in Jul 2021 - Sep 2021: $450K Median list price in Oct 2021 - Dec 2021: $373K Median list price in Jan 2022 - Mar 2022: $475K Median list price in Apr 2022 - Jun 2022: $515K Median list price in Jul 2022 - Sep 2022: $495K Median list price in Oct 2022 - Dec 2022: $500K Median list price in Jan 2023 - Mar 2023: $525K Median list price in Apr 2023 - Jun 2023: $488K Median list price in Jul 2023 - Sep 2023: $450K Median list price in Oct 2023 - Dec 2023: $483K Median list price in Jan 2024 - Mar 2024: $500K Median list price in Apr 2024 - Jun 2024: $540K Median list price in Jul 2024 - Sep 2024: $472K Median list price in Oct 2024 - Dec 2024: $437K Median list price in Jan 2025 - Mar 2025: $531K Median list price in Apr 2025 - Jun 2025: $535K Median list price in Jul 2025 - Sep 2025: $450K Median list price in Oct 2025 - Dec 2025: $420K Median list price in Jan 2026 - Mar 2026: $500K Apr 2021 - Jun 2021 Median sale price $447K Median list price $380K Jul 2021 - Sep 2021 Median sale price $392K Median list price $450K Oct 2021 - Dec 2021 Median sale price $435K Median list price $373K Jan 2022 - Mar 2022 Median sale price $410K Median list price $475K Apr 2022 - Jun 2022 Median sale price $492K Median list price $515K Jul 2022 - Sep 2022 Median sale price $489K Median list price $495K Oct 2022 - Dec 2022 Median sale price $420K Median list price $500K Jan 2023 - Mar 2023 Median sale price $465K Median list price $525K Apr 2023 - Jun 2023 Median sale price $517K Median list price $488K Jul 2023 - Sep 2023 Median sale price $445K Median list price $450K Oct 2023 - Dec 2023 Median sale price $448K Median list price $483K Jan 2024 - Mar 2024 Median sale price $515K Median list price $500K Apr 2024 - Jun 2024 Median sale price $475K Median list price $540K Jul 2024 - Sep 2024 Median sale price $450K Median list price $472K Oct 2024 - Dec 2024 Median sale price $467K Median list price $437K Jan 2025 - Mar 2025 Median sale price $460K Median list price $531K Apr 2025 - Jun 2025 Median sale price $488K Median list price $535K Jul 2025 - Sep 2025 Median sale price $476K Median list price $450K Oct 2025 - Dec 2025 Median sale price $490K Median list price $420K Jan 2026 - Mar 2026 Median sale price $448K Median list price $500K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
18
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Prior Lake is currently tilted toward sellers, with the market gauge indicating a seller’s market and only about two months of supply available. Homes are still moving at a steady pace, spending a typical 37 days on the market in this rolling three-month window.

Prices show modest upward pressure year over year, with the typical home value up slightly and the median list price rising at a faster clip. At the same time, only about 24% of recent sales closed above list price and the average sale-to-list ratio is just under 100%, suggesting sellers have some leverage but buyers retain room to negotiate.

On the activity side, the rolling three-month view shows more homes moving through the pipeline compared with a year ago, with homes sold and pending sales both higher and new listings also up. Inventory has grown year over year as active listings increased, yet supply has stayed relatively lean, which helps support prices. Buyers and sellers who want to navigate these mixed signals can turn to Agent Pronto to connect with a local agent who understands the Prior Lake market.



Learn more about what Prior Lake has to offer.

Prior Lake offers residents a welcoming, community-focused lifestyle, with scenic lakes, abundant outdoor recreation, convenient amenities, and strong neighborhood connections.

Prior Lake offers a blend of lakeside living, suburban convenience, and easy access to the broader Twin Cities region. Residents enjoy quick connections to nearby communities such as Minneapolis and St. Paul, while still feeling part of a close, self-contained city.

The community revolves around its two main lakes and extensive park system. Popular spots like Lakefront Park provide walking paths, playgrounds, and seasonal events, while Cleary Lake Regional Park offers trails, a golf course, and water access. Everyday errands are simplified by local shopping and dining along County Road 42, with destinations such as Downtown Prior Lake giving residents independent restaurants, coffee spots, and services in a walkable setting.

Families appreciate the highly regarded Prior Lake-Savage Area Schools, along with community hubs like the Prior Lake Library and city-sponsored recreation programs coordinated through Prior Lake Recreation. Outdoor enthusiasts find year-round activities, from boating and fishing to winter skating and snowshoeing.

Whether you are relocating across town or moving in from out of state, navigating neighborhoods, lake regulations, and school boundaries can feel complex. A local real estate expert who understands Prior Lake’s amenities and practical details can streamline decisions and reduce stress. Agent Pronto connects both buyers and sellers with the right agent to make the process more confident and efficient.

Find your Prior Lake real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”

Dave K. · North Saint Paul, MN

Photo of Christina Chatlain
Keller Williams Premier Realty
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“Awesome agent. Took time to listen to my needs and desires and went out to find my dream house. This guys knows how to get the job done. I wish more people had the compassion and skill. This was a very pleasant experience.”

Diane and Jesse · North Branch, MN

Photo of The Mike VanGrinsven Group
RE/MAX Professionals
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“Working with Chad was a joy. He was very open to what my selling process would be like. I would definitely use Chad again for any home buying/selling needs.”

Fred L. · Hastings, MN

Photo of Chad Baker
RE/MAX Advantage Plus
“My partner and I worked with Kong for 4 months and he helped us buy our home. Throughout the whole process, Kong was extremely professional, responsive, honest and knowledgeable. He really worked with our availability during all the showings. He also helped us through a difficult situation with the sellers. We would definitely recommend and work with Kong again!”

Kelsey · St. Paul, MN

Photo of Kong Lee
Partners REalty
“Glad to have made this decision to use Jeff. He did a good job for us!”

Judi G. · Oak Grove, MN

Photo of Jeff Tollefson
RE/MAX Real Estate Properties
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Prior Lake. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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