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Prior Lake Real EstateMark Gores · RE/MAX Advantage Plus

Shangri-La

9 homes sold in Shangri-La in the 36 months from November 10, 2023 through November 10, 2026, at a median price of $411K. All were houses.

Shangri-La at a glance

Closed home sales from November 10, 2023 through November 10, 2026.

Median sale price
$411K, from 9 sales
Against all of Prior Lake
20% below the Prior Lake median of $515K
Median days on market
8, against 23 for all of Prior Lake
Sale price against list price
102.1% on average. 7 of 9 sold over asking
Price per sq ft
$223 on average
Homes sold
All houses
Median year built
1985
Median size
2,198 finished sq ft, 4 bedrooms
Association dues
0 of 9 in an association
For sale now
None

Year by year

Median sale price by the year the sale closed, from January 1, 2012 through November 10, 2026. A year with fewer than 4 sales shows its count and no median.

$200K$250K$300K$350K$400K$450K201520212026
YearSalesMedian price
2026 to date4$430K
20252Too few sales
20243Too few sales
20232Too few sales
20223Too few sales
20216$378K
20201Too few sales
20191Too few sales
20182Too few sales
20173Too few sales
20161Too few sales
20154$248K
20142Too few sales
20132Too few sales
20122Too few sales

The last six months

1 home sold in Shangri-La from May 10, 2026 through November 10, 2026. That is too few for a six-month median, so the 36-month figures above are the ones to go by.

What's your home in Shangri-La worth?

Send the address, and Mark Gores of RE/MAX Advantage Plus will email you a number based on recent sales in Shangri-La.

One email with the numbers.

Common questions about Shangri-La

What do homes in Shangri-La sell for?

The median sale price in Shangri-La was $411K across 9 sales from November 10, 2023 through November 10, 2026. The median for all of Prior Lake over the same period was $515K.

Are home prices in Shangri-La going up?

The median sale price in Shangri-La was $248K in 2015 (4 sales) and $378K in 2021 (6 sales), 52% higher. So far in 2026 it is $430K across 4 sales. I leave out any year with fewer than 4 sales, and the mix of homes that sell changes from year to year, so read this as a direction and not as an appraisal.

How many homes sell in Shangri-La?

9 homes sold in Shangri-La in the 36 months from November 10, 2023 through November 10, 2026, and 38 since the start of 2012. None are for sale right now.

How long do homes in Shangri-La take to sell?

Homes in Shangri-La spent a median of 8 days on the market before a purchase agreement, measured over 9 sales from November 10, 2023 through November 10, 2026. The median for all of Prior Lake over the same period was 23 days.

Do homes in Shangri-La sell over asking price?

7 of the 9 homes sold in Shangri-La from November 10, 2023 through November 10, 2026 closed above the final list price. On average they sold for 102.1% of the final list price.

What kinds of homes are in Shangri-La?

Of the 9 homes sold from November 10, 2023 through November 10, 2026, all were houses. The median year built was 1985, the median size was 2,198 finished square feet and the median bedroom count was 4.

Which school district is Shangri-La in?

Every one of the 9 homes sold in Shangri-La from November 10, 2023 through November 10, 2026 was listed in Prior Lake-Savage Area Schools. That is the district on the MLS listing. Boundaries can change, so check a specific address with the district.

Shangri-La’s home sales, with their prices, are on the sold page, a year at a time back to 2012. See the sales →

Similar neighborhoods

These figures are my own summary of NorthstarMLS records, through the MLS Grid feed: closed sales of homes (houses, townhomes and condos, no vacant land) in Shangri-La. A home counts toward Shangri-La when the plat name on its listing is one of the neighborhood’s plats. A listing entered without a plat name takes the plat of the nearest listing that has one, within about 500 feet. I show no median, average or year-over-year change on fewer than 4 sales. 38 MLS listings in all, of every status, are matched to this neighborhood.

Fact sheet and home types: Based on information from the Regional Multiple Listing Service of Minnesota, Inc. for the period November 10, 2023 through November 10, 2026. Year by year: Based on information from the Regional Multiple Listing Service of Minnesota, Inc. for the period January 1, 2012 through November 10, 2026.

Data believed to be accurate but should be independently verified.

Mark Gores, RE/MAX Advantage Plus
Talk to Mark · Mark Gores, RE/MAX Advantage Plus

Questions about the Prior Lake market?

Reach Mark Gores of RE/MAX Advantage Plus directly. He can put any number on this site in context for your street or your house.

Mark Gores, RE/MAX Advantage Plus
Mark Gores, RE/MAX Advantage Plus

I built this site so anyone can see the Prior Lake market the way I do: the Prior Lake listings and sales in the NorthstarMLS feed, updated twice a day. If a number here matters for a decision you’re making, ask me about it.

NorthstarMLS through the MLS Grid feed, filtered to Prior Lake. Every number on this site is computed from the listing and sale records themselves.

Updated Nov 10, 2026