Prior Lake Real Estate Market Overview

Could Prior Lake, MN be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Prior Lake. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Prior Lake such as... Savage and Shakopee. When you’re ready, Trulia has 146 resale and new homes in Prior Lake lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$320,000

Median Sales Price

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$207

Price Per Sqft

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$1,675

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Prior Lake show a 7% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in Prior Lake for May 24 to Aug 23 was $320,000 based on 107 home sales.
Price Per Square Ft.
Average price per square foot for Prior Lake was $207, an increase of 9% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Prior Lake for Jul 24 to Aug 24 was $1,675.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around Prior Lake can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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3

Counts of Arrest


Best Schools in Prior Lake

There are 18 schools in Prior Lake.

Elementary Schools
10

Westwood Elementary School

Public, K-5

9

Redtail Ridge Elementary School

Public, K-5

9

Jeffers Pond Elementary School

Public, K-5

Middle Schools
10

Prior Lake High School

Public, 6, 9-12

10

Hidden Oaks Middle School

Public, 6-8

9

Twin Oaks Middle School

Public, 6-8

High Schools
10

Prior Lake High School

Public, 6, 9-12

7

Shakopee Senior High School

Public, 10-12

2

Prior Lake-Savage Area Alc

Public, 9-12


Demographics

Get to know your neighbors in Prior Lake by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
19%
Single residents
Home owners
94%
Home owners
Median age
39
Median age
Household income
$103,452
Median household income
College educated
52%
College educated

Commute

Most people in Prior Lake commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
97% commute by car
0% commute by bike
2% commute by public transportation
0% commute by foot

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