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Prior Lake Real EstateMark Gores · RE/MAX Advantage Plus

Tower Place

10 homes sold in Tower Place in the 36 months from November 10, 2023 through November 10, 2026, at a median price of $128K. All were condos. 1 is for sale now.

Tower Place at a glance

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

Median sale price
$128K, from 10 sales
Against all of Prior Lake
75% below the Prior Lake median of $515K
Median days on market
93, against 23 for all of Prior Lake
Sale price against list price
96.7% on average. 0 of 10 sold over asking
Price per sq ft
$134 on average
Homes sold
All condos
Median year built
1988
Median size
947 finished sq ft, 2 bedrooms
Association dues
10 of 10 in an association, median $552 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.

$80K$100K$120K$140K2015201620172021202220232024
YearSalesMedian price
2026 to date2Too few sales
20252Too few sales
20246$133K
20234$137K
20225$130K
20216$131K
20203Too few sales
20192Too few sales
20182Too few sales
20178$88K
20164$105K
20157$92K
20140No sales
20132Too few sales
20123Too few sales

The last six months

1 home sold in Tower Place 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 Tower Place worth?

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

One email with the numbers.

Common questions about Tower Place

What do homes in Tower Place sell for?

The median sale price in Tower Place was $128K across 10 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 Tower Place going up?

The median sale price in Tower Place was $92K in 2015 (7 sales) and $133K in 2024 (6 sales), 44% higher. 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 Tower Place?

10 homes sold in Tower Place in the 36 months from November 10, 2023 through November 10, 2026, and 56 since the start of 2012. 1 is for sale right now.

How long do homes in Tower Place take to sell?

Homes in Tower Place spent a median of 93 days on the market before a purchase agreement, measured over 10 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 Tower Place sell over asking price?

None of the 10 homes sold in Tower Place from November 10, 2023 through November 10, 2026 closed above the final list price. On average they sold for 96.7% of the final list price.

What kinds of homes are in Tower Place?

Of the 10 homes sold from November 10, 2023 through November 10, 2026, all were condos. The median year built was 1988, the median size was 947 finished square feet and the median bedroom count was 2.

Which school district is Tower Place in?

Every one of the 10 homes sold in Tower Place 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.

Tower Place’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 Tower Place. A home counts toward Tower Place 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. 59 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