24 townhomes on the market right now, 121 sold in the last 12 months. Median price $366K — about 40.5% less than a Prior Lake single-family home. Here's the whole townhome market in one place.
Prior Lake's townhomes cluster in a handful of communities, each with its own associations, price band, and pace. Ranked by sales over the last five years — click through for the full neighborhood breakdown.
Deerfield is the one to know: 123 townhome sales in five years, a $315K median, and units that go in about 18 days. It's the largest townhome community in the city and usually the first place a townhome search starts. Full Deerfield numbers →
The median Prior Lake townhome sold for $366K in the last 12 months against $615K for single family — a 40.5% gap. That's the whole reason this segment exists: it's the attainable way into this market, and the low-maintenance way to stay in it. All types since 2020:
How single family, townhome, and condo segments compare in Prior Lake since 2020.
A Prior Lake townhome that sold at the 2018 median ($240K) would sit near $366K today — roughly 52% appreciation. If you bought in that window, you're likely sitting on more equity than you think.
The median townhome sale price in Prior Lake over the last 12 months is $365,900, based on 121 closed sales. Current active listings range from $250K to $1.10M. That median runs about 40.5% below Prior Lake's single-family median of $615,000.
Almost all of them — 96.9% of townhomes sold since 2023 had an association fee. The median is $345/month, with recorded fees running from $170 to $826. What the fee covers varies by association (exterior maintenance, snow, lawn, sometimes roofs and siding), so always verify the specifics before writing an offer.
Deerfield is Prior Lake's largest townhome community by sales volume, followed by Jeffers Pond, Meadow View, and Glynwater. The Wilds and Regal Crest carry the higher-end townhome stock. Several associations sit within a few minutes of downtown and the lake.
Median days on market for townhomes over the last 12 months is 27 days, versus 20 days for single-family homes. Sale-to-list ratio is 99.1%, and 22.3% of townhome sales closed above asking.
Townhome values here are set inside the association, not across town — what your floor plan sold for two doors down matters more than any citywide average. Send me your address and I'll pull every sale in your association from the last two years, no listing appointment required.
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.