Side by side market data for Prior Lake and Shakopee, refreshed twice a day from the MLS. Median sale price $525K versus $425K over the last six months, with 20 and 22 median days on market.
| Metric | Prior Lake | Shakopee |
|---|---|---|
| Median sale price (6mo) | $525K | $425K |
| Avg $/sqft (6mo) | $231 | $199 |
| Median days on market (6mo) | 20 | 22 |
| Sale-to-list ratio (6mo) | 99.4% | 99.9% |
| Bidding war rate (12mo) | 28.9% | 29.9% |
| Negotiability index (12mo) | 0.9% | 0.4% |
| Months of supply | 6.3 | 6.7 |
| Closed sales (12mo) | 470 | 698 |
| Active listings | 246 | 390 |
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 $525K in Prior Lake and $425K in Shakopee. That is a $100K gap, so the same budget lands about 19% further from the top of the market in Shakopee than it does in Prior Lake. Homes went pending in a median of 20 days in Prior Lake versus 22 days in Shakopee, which gives buyers in Prior Lake 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 99.9% in Shakopee. 28.9% of Prior Lake sales closed over asking in the trailing 12 months, against 29.9% in Shakopee. Sellers in Shakopee saw offers clear the list price more often. The negotiability index ran 0.9% versus 0.4%. The lower negotiability number in Shakopee 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 470 Prior Lake and 698 Shakopee 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.