Prior Lake Real Estate
Median Price$520K9.5%Days on Market211Active Listings234Sale-to-List99.3%0.3New This Month26Bidding War Rate29.7%1.1%Avg $/SqFt$232Pending54Median Price$520K9.5%Days on Market211Active Listings234Sale-to-List99.3%0.3New This Month26Bidding War Rate29.7%1.1%Avg $/SqFt$232Pending54

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
7.1%vs Q2 2020
Closed Sales
147
96.0%vs Q2 2020
Days on Market
6
76.0%vs Q2 2020
Sale-to-List
102.8%
4.6 ptsvs Q2 2020
Bidding War Rate
68.0%
34.7 ptsvs Q2 2020
share of sales closing over asking
Avg $/SqFt
$189
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.

Q2 2021 against its neighbors

MetricQ2 2021Q1 2021Q2 2020
Median sale price$450K$364K$420K
Closed sales1477075
Median days on market61725
Sale-to-list102.8%100.6%98.2%
Bidding war rate68.0%50.0%33.3%
Avg $/sqft$189$166$165

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

Median price, trailing quarters

$363K$386K$409K$432KQ3 19Q4 19Q1 20Q2 20Q3 20Q4 20Q1 21Q2 21Median Sale Price

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?

The medians summarize Q2 2021. 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.

One email with the numbers. No drip campaign, no list.

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.

Talk to Mark

Thinking of selling? I'll pull the comps for your block.

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.

Mark Gores, RE/MAX Advantage Plus

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.

Data source

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.

Updated Aug 12, 2026