Why Live in Prior Lake
Prior Lake is a vibrant community of around 29,000 residents, known for its two recreational lakes and a quaint downtown. The neighborhood features 51 parks with over 1,000 acres of green spaces, including Lakefront Park, which offers trails, tennis and Pickleball courts, ice rinks, a sledding hill, playgrounds, fishing docks, kayak rentals, and an amphitheater. Waltz Beach at Lakefront Park is a quiet spot for relaxation. The Knotty Oar Marina provides boat storage on Eagle Creek Avenue. The area hosts events like the Lakefront Music Fest in July and DecemBRRR Dazzle in December. Dining options include Perron's Sul Lago, an Italian Bistro, and Charlie's on Prior, which offers lake views. The Prior Lake Farmers Market operates year-round. Essential shopping is available along State Highway 13, with a Target 3 miles north and a Hy-Vee grocery store nearby. The neighborhood is served by the highly rated Prior Lake-Savage Area Schools, including Westwood Elementary School, Hidden Oaks Middle School, and Prior Lake High School. The area is car-dependent but has a few bus stops downtown. M Health Fairview Clinic and St. Francis Regional Medical Center, 7 miles northwest, provide healthcare services. Minneapolis–Saint Paul International Airport is 13 miles away. Homes range from entry-level inland properties to modern lakefront constructions, with styles including farmhouse and traditional designs.
Home Trends in Prior Lake, MN
On average, homes in Prior Lake, MN sell after 42 days on the market compared to the national average of 50 days. The median sale price for homes in Prior Lake, MN over the last 12 months is $475,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$475,000
Median Single Family Sale Price
$515,000
Median Townhouse Sale Price
$380,000
Average Price Per Sq Ft
$235
Number of Homes for Sale
101
Last 12 months Home Sales
393
Median List Price
$507,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%