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Prior Lake Real EstateMark Gores · RE/MAX Advantage Plus

Prior Lake market report: Q3 2018

100 homes closed in Prior Lake between July 1, 2018 and September 30, 2018. Median sale price $330K, 20 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
$330K
Closed sales
100
Median days on market
20
Sale-to-list
99.0%
Sold over asking
21.0%
Price per sq ft
$156

The quarter in review

100 homes closed in Prior Lake in Q3 2018. The median sale price came in at $330K. The typical sale went under contract in 20 days. 21.0 percent of the quarter's sales closed over the asking price, and the average sale closed at 99.0 percent of list. 5 sales closed at $1 million or more. 6 of the quarter's closings were new construction.

Compared with the prior quarter and a year earlier

MetricQ3 2018Q2 2018
Median sale price$330K$345K
Closed sales10068
Median days on market2021
Sale-to-list99.0%100.0%
Sold over asking21.0%39.7%
Price per sq ft (avg)$156$150

Neighbor columns show each quarter's own frozen report numbers.

Where the sales landed

Under $400K60 sales
$400K to $600K23 sales
$600K to $800K8 sales
$800K to $1M4 sales
$1M and up5 sales

Month by month

MonthClosed salesMedian price
July 201830$299K
August 201839$425K
September 201831$300K

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.

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Common questions

What was the median home sale price in Prior Lake in Q3 2018?

The median sale price in Prior Lake in Q3 2018 was $330K, based on 100 closed MLS sales.

How fast did Prior Lake homes sell in Q3 2018?

The median time on market in Q3 2018 was 20 days.

Did Prior Lake homes sell over asking price in Q3 2018?

21.0% of Prior Lake sales closed over the asking price in Q3 2018. The average sale closed at 99.0% of the list price.

Data from NorthstarMLS via MLS Grid. This report covers closed residential sales in Prior Lake, MN from July 1, 2018 through September 30, 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