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Prior Lake Real EstateMark Gores · RE/MAX Advantage Plus

Prior Lake market report: Q2 2019

89 homes closed in Prior Lake between April 1, 2019 and June 30, 2019. Median sale price $365K, 24 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
$365K
Up 5.8%vs Q2 2018
Closed sales
89
Up 30.9%vs Q2 2018
Median days on market
24
Up 14.3%vs Q2 2018
Sale-to-list
99.2%
Down 0.8 pointsvs Q2 2018
Sold over asking
30.3%
Down 9.4 pointsvs Q2 2018
Price per sq ft
$156
Up 4.0%vs Q2 2018

The quarter in review

89 homes closed in Prior Lake in Q2 2019, 21 more than the 68 that closed in Q2 2018. The median sale price came in at $365K, up 5.8 percent from $345K in Q2 2018. The typical sale went under contract in 24 days, 3 days slower than a year earlier. 30.3 percent of the quarter's sales closed over the asking price, and the average sale closed at 99.2 percent of list. 2 sales closed at $1 million or more. 3 of the quarter's closings were new construction.

Compared with the prior quarter and a year earlier

MetricQ2 2019Q1 2019Q2 2018
Median sale price$365K$344K$345K
Closed sales894068
Median days on market244821
Sale-to-list99.2%99.0%100.0%
Sold over asking30.3%32.5%39.7%
Price per sq ft (avg)$156$151$150

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

Median price, trailing quarters

$320K$340K$360K$380K$400KQ1 18Q2 18Q3 18Q4 18Q1 19Q2 19

Median closed price for the 6 quarters ending with Q2 2019.

Where the sales landed

Under $400K48 sales
$400K to $600K25 sales
$600K to $800K10 sales
$800K to $1M4 sales
$1M and up2 sales

Month by month

MonthClosed salesMedian price
April 201917$295K
May 201938$426K
June 201934$417K

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

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Common questions

What was the median home sale price in Prior Lake in Q2 2019?

The median sale price in Prior Lake in Q2 2019 was $365K, based on 89 closed MLS sales. That is 5.8% higher than Q2 2018.

How fast did Prior Lake homes sell in Q2 2019?

The median time on market in Q2 2019 was 24 days. In Q2 2018 it was 21 days.

Did Prior Lake homes sell over asking price in Q2 2019?

30.3% of Prior Lake sales closed over the asking price in Q2 2019. The average sale closed at 99.2% of the list price.

Data from NorthstarMLS via MLS Grid. This report covers closed residential sales in Prior Lake, MN from April 1, 2019 through June 30, 2019. 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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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