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Prior Lake Market Trends

Today, January 1, 2010

Median Sales Price in Prior Lake

Embed Info
1 yr 5 yr Max
Prior Lake median sales prices
Number of sold homes in Prior Lake
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$162,500-1.5%$142,000$165,000$225,366
3 bedrooms$236,500-14.0%$238,000$274,950$269,500
4 bedrooms$299,500+15.2%$300,150$260,000$314,450
All properties$237,750-5.9%$247,575$252,558$263,380
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Prior Lake Summary

The median sales price for homes in Prior Lake MN for Sep 09 to Nov 09 was $237,750. This represents a decline of 4%, or $9,825, compared to the prior quarter and a decrease of 5.9% compared to the prior year. Sales prices have depreciated 9.7% over the last 5 years in Prior Lake.

The average listing price for Prior Lake homes for sale on Trulia was $532,403 for the week ending Dec 23, which represents an increase of 1.4%, or $7,324, compared to the prior week and an increase of 7.5%, or $37,301, compared to the week ending Dec 02. Average price per square foot for Prior Lake MN was $196, a decrease of 15.2% compared to the same period last year.

 

Average Listing Price in Prior Lake

Embed Info
1 yr 5 yr Max
Prior Lake average property price
Prior Lake – number of properties
No. BedroomsWeek ending
Dec 23
w-o-wWeek ending
Dec 16
Week ending
Dec 9
Week ending
Dec 2
1 bedroom-----
2 bedrooms$217,214-4.3%$226,925$227,435$219,136
3 bedrooms$475,373+1.4%$468,936$444,677$434,074
4 bedrooms$544,748+3.4%$526,723$511,285$492,272
All properties$532,403+1.4%$525,079$506,700$495,102
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Average Price Per Sqft for Homes in Prior Lake

Embed Info
1 yr 5 yr Max
Prior Lake average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$177-1.1%$161$179$220
3 bedrooms$189-19.9%$202$236$235
4 bedrooms$210-18.9%$221$259$265
All properties$196-15.2%$201$231$232
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Homes for Sale in Prior Lake

15370 Fish Point Road Southeast, Prior Lake MN
15370 Fish…
$595,000
4 br  2 ba
3354 Wildwood Trail Northwest, Prior Lake MN
3354 Wildw…
$649,900
5 br  4 ba
19800 Cedar Lane, Prior Lake MN
19800 Cedar…
$999,900
5 br  4 ½ ba
18710 Legends Club Circle, Prior Lake MN
18710 Lege…
$849,900
5 br  3 ½ ba
5130 160th Street Southeast, Prior Lake MN
5130 160th…
$100,000
2 br  2 ba
3609 170th Street Southwest, Prior Lake MN
3609 170th…
$289,990
3 br  3 ba
View all Prior Lake Homes for Sale
 
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Prior Lake

Real Estate Overview

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  • 55372
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Nearby Cities

Cities
Median
sales price
Average
listing price
Shakopee
$153,250
$259,683
Savage
$218,000
$278,229
Burnsville
$170,000
$218,668
Lakeville
$263,000
$360,153
New Market
$219,000
$255,878
Elko
$242,000
$312,382
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Advice

Recent Q&A in Prior Lake, MN

Q: I purchased this home in 2003 for 270,000. How dowes this compare to the value today.? 2 answers
Q: I recently put an offer on a home in Prior Lake Minnesota. The seller countered with a number that just 6 answers
Q: How does a town home association become an FHA approved association? 3 answers
Q: I just got married, we have 2 homes. How do we sell one of our houses that is valued under loan amount? 1 answer
Q: do buyers hold homes when you are trying to sell your current house? 5 answers

Got a real estate question? 

More Advice:
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  • Find a real estate professional Prior Lake, MN

Nearby Cities Real Estate

  • Shakopee Real Estate
  • Savage Real Estate
  • Burnsville Real Estate
  • Lakeville Real Estate
  • New Market Real Estate
  • Elko Real Estate

Nearby Cities Sold Homes

  • Shakopee Sold Homes
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Nearby Cities Home Prices

  • Shakopee Home Prices
  • Savage Home Prices
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  • Lakeville Home Prices
  • New Market Home Prices
  • Elko Home Prices

Prior Lake Stats & Trends

  • Prior Lake Real Estate Overview
  • Prior Lake Schools
  • Prior Lake Community Info
  • Prior Lake Home Prices
  • Prior Lake Real Estate
  • Prior Lake Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Prior Lake real estate market. Find Prior Lake properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Prior Lake average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Prior Lake housing statistics are available for each Prior Lake, MN neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.