Prior Lake Real Estate
Median Price$520K9.5%Days on Market211Active Listings234Sale-to-List99.3%0.3New This Month26Bidding War Rate29.7%1.1%Avg $/SqFt$232Pending54Median Price$520K9.5%Days on Market211Active Listings234Sale-to-List99.3%0.3New This Month26Bidding War Rate29.7%1.1%Avg $/SqFt$232Pending54

Shangri-La

Mid-Range neighborhood in Prior Lake. Median sale price $455K with homes averaging 13 days on market. 3 currently active.

Median Price
$455K
4.2%vs last year
Days on Market
13
7.1%vs last year
Sale-to-List
100.5%
2.1 ptsvs last year
Avg $/SqFt
$329
Active Listings
3
9 closed last 6mo
Browse →
Negotiability Index
-0.1%
104.0%vs last year
Last 12 months
Bidding War Rate
50%
10.0 ptsvs last year
Last 12 months

Price Trend

$819K$1384K$1949K$2514K091011020304050607Median Sale Price

12-month median sale price. Months with no closed sales are excluded.

vs. Prior Lake Overall

Median Price-6.2%
Shangri-La trades below the citywide median
Days on Market-7.0 days
Homes sell 7 days faster than average

What is your home in Shangri-La worth?

Tell me the address. I will send you a real number based on actual Shangri-La sales, not an algorithm's guess.

One email with the numbers. No drip campaign, no list.

Monthly Breakdown

MonthClosedMedian PriceMedian DOM
2026-071$1.75M77d
2026-062$2.95M74d
2026-051$445K42d
2026-044$480K4d
2026-031$455Kn/a
2026-021$1.88M72d
2025-111$383Kn/a
2025-101$490K110d
2025-092$420K10d

Want the actual sold prices in Shangri-La?

The medians above show the trend. The sale-by-sale numbers show the market. Leave your name and email, and Mark Gores of RE/MAX Advantage Plus will pull the recent Shangri-La sales from the MLS and send them to you personally.

One email with the numbers. No drip campaign, no list.

Similar Neighborhoods

Common Questions

What is the median home price in Shangri-La?

The median sale price in Shangri-La over the last 6 months is $455K. That is down 4.2% from the same period last year.

How fast do homes sell in Shangri-La?

Homes in Shangri-La sell in a median of 13 days. That is 7 days faster than the Prior Lake average.

Do homes in Shangri-La sell over asking?

50% of Shangri-La sales in the last 12 months closed over asking price. The typical sale closes at 100.5% of list price.

Data from NorthstarMLS via MLS Grid. Neighborhood boundaries are approximate and based on subdivision plat names and geographic clustering. Metrics reflect closed residential sales. Current period = last 6 months. Prior period = 6 to 12 months ago. Based on 199 total listings tracked for this area.

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 12, 2026