Prior Lake Real Estate
Median Price$535K↑ 4.9%Days on Market20↑ 2Active Listings145Sale-to-List99.3%↓ 0.3New This Month59Bidding War Rate29.9%↓ 4.9%Avg $/SqFt$235Pending40Median Price$535K↑ 4.9%Days on Market20↑ 2Active Listings145Sale-to-List99.3%↓ 0.3New This Month59Bidding War Rate29.9%↓ 4.9%Avg $/SqFt$235Pending40

Selling a Home in Prior Lake

Data-backed strategy from 5,876 Prior Lake sales. What works, what doesn't, and what the numbers say.

Sale-to-List Ratio
99.3%
↓ -0.3% vs Sep 2025
Slight negotiation room exists. Strategic pricing can still capture strong offers.
Median DOM
20days
↑ +11.1% vs Sep 2025
Speed matters. Homes that go pending quickly tend to sell for more. The data below shows by how much.
Bidding War Rate
29.9%
↓ -4.9% vs Sep 2025
29.9% of homes sell above asking. Well-priced listings in good condition attract competing offers.

When to List

Which day of the week, which week of the year, and how speed-to-pending affects your bottom line.

When to List

Data-driven listing strategy from 5,876 Prior Lake sales. Homes listed on Mon sell fastest (45.2d avg). Fri is the most popular listing day.

Average Days on Market by Listing Day
47495254MonTueWedThuFriSatSunDOM
The 7-Day Rule
Homes pending in week one sell 6.25% higher than those sitting 60+ days
0-7 days
102.06%1,279
8-14 days
100.44%819
15-30 days
99.42%1,238
31-60 days
98.28%1,140
60+ days
95.81%1,400
Top 10 Weeks to List
Ranked by sale-to-list ratio (min 20 sales)
1.~Apr 23
102.02%39.2d
2.~Dec 3
100.78%48.6d
3.~Apr 30
100.19%33.3d
4.~Apr 9
99.95%38.6d
5.~Nov 5
99.82%59.8d
6.~Mar 26
99.82%40.8d
7.~May 28
99.8%42.8d
8.~Feb 26
99.75%33.4d
9.~Mar 12
99.67%56.6d
10.~Jun 25
99.64%38.7d
Day
Volume
Avg DOM
STL
MonFastest
874
45.2 days
99.13%
Tue
924
53.5 days
99.14%
Wed
1,122
52.8 days
98.85%
Thu
1,230
48.3 days
99.02%
Fri
1,304
47 days
99.07%
Sat
281
47.6 days
99.51%
Sun
141
55.6 days
98.84%

Pricing Psychology

Does charm pricing ($399,900) work in Prior Lake? How do new builds compare to resale homes? The data tells the story.

Pricing Strategy

Does $399,900 sell better than $400,000? Sale-to-list ratios are virtually identical across all price endings. The real difference is speed. Round prices sell 18.3 days faster.

Price Ending Psychology
STL is nearly identical. DOM tells the real story
Ending
Sales
STL
Avg DOM
Other
250
99.35%
37d
Charm ($X99,900)
2,576
99.08%
52.6d
Round ($X00,000)
2,870
99.04%
47.2d
Half ($X50,000)
180
98.57%
55.3d
New Construction vs Resale
Since 2020, resale homes sell faster and closer to list
New Build
$785K
Sales193
DOM78.8d
STL98.55%
Resale
$545K
Sales3,094
DOM36.3d
STL99.86%

What does this mean for your home?

Type in an address and Homebot returns a live estimate in about five seconds, no email needed. If you want the full report (equity trends, refi math, rental estimates), drop in an email and it’s yours.

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.

Send me a note →[email protected]
Related
Seasonal Patterns
Best and worst months to list.
Read →
Price Trends
Where prices are headed.
Read →
Market Conditions
Current inventory and buyer demand.
Read →
About this site
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.

[email protected]markgores.com
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 Sep 26, 2026 · 293 closed sales analyzed (last 6 months)