Prior Lake Real Estate
Median Price$525K5.6%Days on Market21Active Listings245Sale-to-List99.4%0.2New This Month50Bidding War Rate30.5%1.4%Avg $/SqFt$231Pending54Median Price$525K5.6%Days on Market21Active Listings245Sale-to-List99.4%0.2New This Month50Bidding War Rate30.5%1.4%Avg $/SqFt$231Pending54

Prior Lake vs Savage

Side by side market data for Prior Lake and Savage, refreshed twice a day from the MLS. Median sale price $525K versus $420K over the last six months, with 20 and 18 median days on market.

The Numbers, Side by Side

MetricPrior LakeSavage
Median sale price (6mo)$525K$420K
Avg $/sqft (6mo)$231$193
Median days on market (6mo)2018
Sale-to-list ratio (6mo)99.4%99.8%
Bidding war rate (12mo)28.7%32.2%
Negotiability index (12mo)0.9%0.2%
Months of supply6.25.0
Closed sales (12mo)471366
Active listings245152

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
$492K$534K$576K$618K091011120102030405060708Median Sale Price
Savage median price
$389K$405K$422K$438K091011120102030405060708Median 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 $525K in Prior Lake and $420K in Savage. That is a $105K gap, so the same budget lands about 20% further from the top of the market in Savage than it does in Prior Lake. Homes went pending in a median of 18 days in Savage versus 20 days in Prior Lake, which gives buyers in Savage 2 fewer days on a typical listing to reach a decision.

For sellers, sale-to-list came in at 99.4% in Prior Lake and 99.8% in Savage. 28.7% of Prior Lake sales closed over asking in the trailing 12 months, against 32.2% in Savage. Sellers in Savage saw offers clear the list price more often. The negotiability index ran 0.9% versus 0.2%. The lower negotiability number in Savage 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 471 Prior Lake and 366 Savage 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 Aug 25, 2026