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Prior Lake Real EstateMark Gores · RE/MAX Advantage Plus

Summit Preserve

24 homes sold in Summit Preserve in the 36 months from November 10, 2023 through November 10, 2026, at a median price of $382K. That was 1 house, 21 townhomes and 2 homes of other types. 1 is for sale now.

Summit Preserve at a glance

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

Median sale price
$382K, from 24 sales
Against all of Prior Lake
26% below the Prior Lake median of $515K
Median days on market
38, against 23 for all of Prior Lake
Sale price against list price
99.4% on average. 3 of 24 sold over asking
Price per sq ft
$198 on average
Homes sold
1 house, 21 townhomes and 2 homes of other types
Median year built
2018
Median size
1,911 finished sq ft, 3 bedrooms
Association dues
23 of 24 in an association, median $275 a month
For sale now
1 home

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.

$300K$400K$500K$600K2020202120222023202420252026
YearSalesMedian price
2026 to date5$375K
20259$375K
202410$389K
20239$576K
202211$410K
20218$374K
20208$315K
20193Too few sales
20182Too few sales
20170No sales
20161Too few sales

The last six months

3 homes sold in Summit Preserve 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 Summit Preserve worth?

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

One email with the numbers.

Common questions about Summit Preserve

What do homes in Summit Preserve sell for?

The median sale price in Summit Preserve was $382K across 24 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 Summit Preserve going up?

The median sale price in Summit Preserve was $315K in 2020 (8 sales) and $375K in 2025 (9 sales), 19% higher. So far in 2026 it is $375K across 5 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 Summit Preserve?

24 homes sold in Summit Preserve in the 36 months from November 10, 2023 through November 10, 2026, and 66 since the start of 2012. 1 is for sale right now.

How long do homes in Summit Preserve take to sell?

Homes in Summit Preserve spent a median of 38 days on the market before a purchase agreement, measured over 24 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 Summit Preserve sell over asking price?

3 of the 24 homes sold in Summit Preserve from November 10, 2023 through November 10, 2026 closed above the final list price. On average they sold for 99.4% of the final list price.

What kinds of homes are in Summit Preserve?

Of the 24 homes sold from November 10, 2023 through November 10, 2026, there were 1 house, 21 townhomes and 2 homes of other types. The median year built was 2018, the median size was 1,911 finished square feet and the median bedroom count was 3.

Which school district is Summit Preserve in?

Every one of the 24 homes sold in Summit Preserve from November 10, 2023 through November 10, 2026 was listed in the Shakopee school district. That is the district on the MLS listing. Boundaries can change, so check a specific address with the district.

Summit Preserve’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 Summit Preserve. A home counts toward Summit Preserve 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. 70 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
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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