Prior Lake Real Estate
Median Price$515K6.7%Days on Market233Active Listings203Sale-to-List99.1%0.5New This Month27Bidding War Rate27.6%3%Avg $/SqFt$235Pending52Median Price$515K6.7%Days on Market233Active Listings203Sale-to-List99.1%0.5New This Month27Bidding War Rate27.6%3%Avg $/SqFt$235Pending52

Prior Lake vs Apple Valley

Side by side market data for Prior Lake and Apple Valley, refreshed twice a day from the MLS. Median sale price $515K versus $379K over the last six months, with 22 and 18 median days on market.

The Numbers, Side by Side

MetricPrior LakeApple Valley
Median sale price (6mo)$515K$379K
Avg $/sqft (6mo)$235$192
Median days on market (6mo)2218
Sale-to-list ratio (6mo)99.1%100.5%
Bidding war rate (12mo)28.9%34.9%
Negotiability index (12mo)0.9%-0.1%
Months of supply5.24.5
Closed sales (12mo)467639
Active listings203242

Price, days on market, sale-to-list, and price per square foot use the last 6 months of closed sales. Bidding war rate and negotiability index use the trailing 12 months.

Median Price, Last 12 Months

Prior Lake median price
$460K$493K$525K$558K080910111201020304050607Median Sale Price
Apple Valley median price
$327K$353K$379K$405K080910111201020304050607Median Sale Price

Monthly median sale price over the last 12 months. Months with no closed sales are excluded. Each chart scales to its own price range, so compare the shape of the trend, not the height of the lines.

What the Difference Means

For buyers, the last six months put the median sale at $515K in Prior Lake and $379K in Apple Valley. That is a $136K gap, so the same budget lands about 26% further from the top of the market in Apple Valley than it does in Prior Lake. Homes went pending in a median of 18 days in Apple Valley versus 22 days in Prior Lake, which gives buyers in Apple Valley 4 fewer days on a typical listing to reach a decision.

For sellers, sale-to-list came in at 99.1% in Prior Lake and 100.5% in Apple Valley. 28.9% of Prior Lake sales closed over asking in the trailing 12 months, against 34.9% in Apple Valley. Sellers in Apple Valley saw offers clear the list price more often. The negotiability index ran 0.9% versus -0.1%. A negative negotiability number means closed prices in Apple Valley averaged above list price, so the typical sale there closed at or over asking rather than below it.

Data from NorthstarMLS via MLS Grid. Metrics reflect closed residential sales within each city. Current period for price, days on market, sale-to-list, and price per square foot is the last 6 months. Bidding war rate and negotiability index use the trailing 12 months. Based on 467 Prior Lake and 639 Apple Valley closed sales over the last 12 months.

Talk to Mark

Thinking of selling? I'll pull the comps for your block.

I've worked in Prior Lake for 22 years. Give me your address and I'll tell you what your house is worth, what your street has done in the last 90 days, and what I'd list at. Takes about 20 minutes. No drip campaigns.

Mark Gores, RE/MAX Advantage Plus

I've been selling real estate in Prior Lake for 22 years. This dashboard pulls from the same MLS data I use every morning. If a number on here matters for a decision you're making, email me and I'll put it in context for your street.

Data source

NorthstarMLS via MLS Grid API, filtered to Prior Lake. Every metric on this site is computed from raw closed-sale and active-listing records. No Zillow estimates, no third-party models.

Updated Jul 12, 2026