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Prior Lake Market Report

$555,452

AVERAGE PRICE OF 164 HOMES

$298,200

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,434,075

AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES

$542,092

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

$741,553

AVERAGE PRICE OF 11 HOMES WITH A POOL

$525,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $555,452
Avg Bedrooms 3.77 beds
Avg Bathrooms 3.36 baths

Average Price by Bedrooms

1 bedroom $195,000
2 bedrooms $362,440
3 bedrooms $481,399
4 bedrooms $561,362
5 bedrooms $700,537
Prior Lake Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 157 207 223 218 170
Average Price $553,452 $540,069 $539,134 $555,386 $583,327
Avg Price Change +2.48% +0.17% -3.01% -5.03% -1.97%
Median Price $475,839 $469,363 $465,613 $483,038 $503,234
Med Price Change +1.38% +0.81% -3.74% -4.18% -0.78%
Avg Bedrooms 3.76 beds 3.69 beds 3.73 beds 3.73 beds 3.76 beds
Avg Bathrooms 3.38 baths 3.34 baths 3.33 baths 3.27 baths 3.27 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 164 $555,452 78 days
Distressed Homes 5 $298,200 113 days
Multi-Million Dollar Homes 12 $1,434,075 123 days
Newly Built Homes 63 $542,092 87 days
Homes with a Pool 11 $741,553 145 days
Reduced Price Homes 1 $525,000 101 days
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