75 homes closed in Prior Lake between April 1, 2020 and June 30, 2020. Median sale price $420K, 25 days on market. This is a permanent quarterly record computed from closed MLS sales; once generated, the numbers on this page do not update.
75 homes closed in Prior Lake in Q2 2020, 14 fewer than the 89 that closed in Q2 2019. The median sale price came in at $420K, up 15.1 percent from $365K in Q2 2019. The typical sale went under contract in 25 days, 1 day slower than a year earlier. 33.3 percent of the quarter's sales closed over the asking price, and the average sale closed at 98.2 percent of list. 3 sales closed at $1 million or more. 4 of the quarter's closings were new construction.
| Metric | Q2 2020 | Q1 2020 | Q2 2019 |
|---|---|---|---|
| Median sale price | $420K | $361K | $365K |
| Closed sales | 75 | 46 | 89 |
| Median days on market | 25 | 28 | 24 |
| Sale-to-list | 98.2% | 99.0% | 99.2% |
| Bidding war rate | 33.3% | 30.4% | 30.3% |
| Avg $/sqft | $165 | $146 | $156 |
Neighbor columns show each quarter's own frozen report numbers.
Median closed price for the 8 quarters ending with Q2 2020.
| Month | Closed sales | Median price |
|---|---|---|
| April 2020 | 32 | $352K |
| May 2020 | 18 | $450K |
| June 2020 | 25 | $455K |
The medians summarize Q2 2020. 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.
The median sale price in Prior Lake in Q2 2020 was $420K, based on 75 closed MLS sales. That is 15.1% higher than Q2 2019.
The median time on market in Q2 2020 was 25 days. In Q2 2019 it was 24 days.
33.3% of Prior Lake sales closed over the asking price in Q2 2020. The average sale closed at 98.2% of the list price.
Data from NorthstarMLS via MLS Grid. This report covers closed residential sales in Prior Lake, MN from April 1, 2020 through June 30, 2020. 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.
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.
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.
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.