157 homes closed in Prior Lake between April 1, 2023 and June 30, 2023. Median sale price $521K, 15 days on market. This is a permanent quarterly record computed from closed MLS sales; once generated, the numbers on this page do not update.
157 homes closed in Prior Lake in Q2 2023, 17 fewer than the 174 that closed in Q2 2022. The median sale price came in at $521K, up 1.2 percent from $515K in Q2 2022. The typical sale went under contract in 15 days, 8 days slower than a year earlier. 40.8 percent of the quarter's sales closed over the asking price, and the average sale closed at 100.4 percent of list. 17 sales closed at $1 million or more. 12 of the quarter's closings were new construction.
| Metric | Q2 2023 | Q1 2023 | Q2 2022 |
|---|---|---|---|
| Median sale price | $521K | $465K | $515K |
| Closed sales | 157 | 74 | 174 |
| Median days on market | 15 | 38 | 7 |
| Sale-to-list | 100.4% | 98.6% | 102.6% |
| Bidding war rate | 40.8% | 21.6% | 56.3% |
| Avg $/sqft | $218 | $198 | $226 |
Neighbor columns show each quarter's own frozen report numbers.
Median closed price for the 8 quarters ending with Q2 2023.
| Month | Closed sales | Median price |
|---|---|---|
| April 2023 | 45 | $582K |
| May 2023 | 50 | $500K |
| June 2023 | 62 | $525K |
The medians summarize Q2 2023. 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 2023 was $521K, based on 157 closed MLS sales. That is 1.2% higher than Q2 2022.
The median time on market in Q2 2023 was 15 days. In Q2 2022 it was 7 days.
40.8% of Prior Lake sales closed over the asking price in Q2 2023. The average sale closed at 100.4% of the list price.
Data from NorthstarMLS via MLS Grid. This report covers closed residential sales in Prior Lake, MN from April 1, 2023 through June 30, 2023. 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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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.