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

Prior Lake Market Report: Q1 2018

48 homes closed in Prior Lake between January 1, 2018 and March 31, 2018. Median sale price $320K, 38 days on market. This is a permanent quarterly record computed from closed MLS sales; once generated, the numbers on this page do not update.

Median Sale Price
$320K
Closed Sales
48
Days on Market
38
Sale-to-List
98.6%
Bidding War Rate
31.3%
share of sales closing over asking
Avg $/SqFt
$150

The quarter in review

48 homes closed in Prior Lake in Q1 2018. The median sale price came in at $320K. The typical sale went under contract in 38 days. 31.3 percent of the quarter's sales closed over the asking price, and the average sale closed at 98.6 percent of list. 2 sales closed at $1 million or more. 4 of the quarter's closings were new construction.

Where the sales landed

Under $400K33 sales
$400K to $600K10 sales
$600K to $800K3 sales
$800K to $1M0 sales
$1M and up2 sales

Month by month

MonthClosed salesMedian price
January 201811$263K
February 201815$350K
March 201822$320K

Want the sale-by-sale numbers behind this report?

The medians summarize Q1 2018. The individual sales tell the story. Leave your name and email, and Mark Gores of RE/MAX Advantage Plus will pull the Prior Lake sales behind this report from the MLS and send them to you personally.

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

Common Questions

What was the median home sale price in Prior Lake in Q1 2018?

The median sale price in Prior Lake in Q1 2018 was $320K, based on 48 closed MLS sales.

How fast did Prior Lake homes sell in Q1 2018?

The median time on market in Q1 2018 was 38 days.

Did Prior Lake homes sell over asking price in Q1 2018?

31.3% of Prior Lake sales closed over the asking price in Q1 2018. The average sale closed at 98.6% of the list price.

Data from NorthstarMLS via MLS Grid. This report covers closed residential sales in Prior Lake, MN from January 1, 2018 through March 31, 2018. Metrics are aggregates of closed sales; individual sold properties are not displayed. Report generated August 12, 2026 and frozen: unlike the live dashboard, the numbers on this page are a permanent record and do not update. Median days on market is computed over sales reporting a market time. All quarterly reports.

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