Side by side market data for Prior Lake and Lakeville, refreshed twice a day from the MLS. Median sale price $515K versus $522K over the last six months, with 22 and 22 median days on market.
| Metric | Prior Lake | Lakeville |
|---|---|---|
| Median sale price (6mo) | $515K | $522K |
| Avg $/sqft (6mo) | $235 | $205 |
| Median days on market (6mo) | 22 | 22 |
| Sale-to-list ratio (6mo) | 99.1% | 99.9% |
| Bidding war rate (12mo) | 28.9% | 32.4% |
| Negotiability index (12mo) | 0.9% | 0.3% |
| Months of supply | 5.2 | 6.9 |
| Closed sales (12mo) | 467 | 966 |
| Active listings | 203 | 559 |
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.
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.
For buyers, the last six months put the median sale at $515K in Prior Lake and $522K in Lakeville. That is a $7K gap, so the same budget lands about 1% further from the top of the market in Prior Lake than it does in Lakeville. Both markets moved at the same pace, a median of 22 days from list to pending.
For sellers, sale-to-list came in at 99.1% in Prior Lake and 99.9% in Lakeville. 28.9% of Prior Lake sales closed over asking in the trailing 12 months, against 32.4% in Lakeville. Sellers in Lakeville saw offers clear the list price more often. The negotiability index ran 0.9% versus 0.3%. The lower negotiability number in Lakeville means closed prices landed closer to list there, leaving sellers less to give up between listing and closing.
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 966 Lakeville closed sales over the last 12 months.
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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.