Side by side market data for Prior Lake and Shakopee, refreshed twice a day from the MLS. Median sale price $515K versus $415K over the last six months, with 22 and 22 median days on market.
| Metric | Prior Lake | Shakopee |
|---|---|---|
| Median sale price (6mo) | $515K | $415K |
| Avg $/sqft (6mo) | $235 | $198 |
| Median days on market (6mo) | 22 | 22 |
| Sale-to-list ratio (6mo) | 99.1% | 99.7% |
| Bidding war rate (12mo) | 28.9% | 30.1% |
| Negotiability index (12mo) | 0.9% | 0.5% |
| Months of supply | 5.2 | 5.4 |
| Closed sales (12mo) | 467 | 688 |
| Active listings | 203 | 307 |
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 $415K 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. 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 99.7% in Shakopee. 28.9% of Prior Lake sales closed over asking in the trailing 12 months, against 30.1% in Shakopee. Sellers in Shakopee saw offers clear the list price more often. The negotiability index ran 0.9% versus 0.5%. 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 467 Prior Lake and 688 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.