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Prior Lake Real EstateMark Gores · RE/MAX Advantage Plus

Prior Lake market report: Q2 2021

147 homes closed in Prior Lake between April 1, 2021 and June 30, 2021. Median sale price $450K, 6 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
$450K
Up 7.1%vs Q2 2020
Closed sales
147
Up 96.0%vs Q2 2020
Median days on market
6
Down 76.0%vs Q2 2020
Sale-to-list
102.8%
Up 4.6 pointsvs Q2 2020
Sold over asking
68.0%
Up 34.7 pointsvs Q2 2020
Price per sq ft
$189
Up 14.5%vs Q2 2020

The quarter in review

147 homes closed in Prior Lake in Q2 2021, 72 more than the 75 that closed in Q2 2020. The median sale price came in at $450K, up 7.1 percent from $420K in Q2 2020. The typical sale went under contract in 6 days, 19 days faster than a year earlier. 68.0 percent of the quarter's sales closed over the asking price, and the average sale closed at 102.8 percent of list. 9 sales closed at $1 million or more. 2 of the quarter's closings were new construction.

Compared with the prior quarter and a year earlier

MetricQ2 2021Q1 2021Q2 2020
Median sale price$450K$364K$420K
Closed sales1477075
Median days on market61725
Sale-to-list102.8%100.6%98.2%
Sold over asking68.0%50.0%33.3%
Price per sq ft (avg)$189$166$165

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

Median price, trailing quarters

$300K$350K$400K$450KQ3 19Q4 19Q1 20Q2 20Q3 20Q4 20Q1 21Q2 21

Median closed price for the 8 quarters ending with Q2 2021.

Where the sales landed

Under $400K59 sales
$400K to $600K52 sales
$600K to $800K22 sales
$800K to $1M5 sales
$1M and up9 sales

Month by month

MonthClosed salesMedian price
April 202140$465K
May 202156$445K
June 202151$450K

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 2021?

The median sale price in Prior Lake in Q2 2021 was $450K, based on 147 closed MLS sales. That is 7.1% higher than Q2 2020.

How fast did Prior Lake homes sell in Q2 2021?

The median time on market in Q2 2021 was 6 days. In Q2 2020 it was 25 days.

Did Prior Lake homes sell over asking price in Q2 2021?

68.0% of Prior Lake sales closed over the asking price in Q2 2021. The average sale closed at 102.8% of the list price.

Data from NorthstarMLS via MLS Grid. This report covers closed residential sales in Prior Lake, MN from April 1, 2021 through June 30, 2021. 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