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Prior Lake Real EstateMark Gores · RE/MAX Advantage Plus

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
Median days on market
38
Sale-to-list
98.6%
Sold over asking
31.3%
Price per sq ft
$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?

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.

One email with the numbers.

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.

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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