Quantcast

Minnesota State Wire

Friday, September 12, 2025

Prior Lake median home prices rose by 54.4% in December 2020

Webp realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in December 2020 in Prior Lake rose by $145,837 while total sales decreased by 23.5%, according to BlockShopper.com.

In December 2020, there were 26 homes sold, with a median sale price of $413,837 - a 54.4% increase over the $268,000 median sale price for the same period of the previous year. There were 34 homes sold in Prior Lake in December 2019.

The median sales tax in Prior Lake for the most recent year with available data, 2019, was $3,870, approximately 0.9% of the median home sale price for December 2020.

The following table compares Prior Lake to other Scott County cities in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
New Prague28-75%$457,661$197,400131.8%
Prior Lake2634-23.5%$413,836.50$268,00054.4%
Jordan46-33.3%$342,450$252,25035.8%
Savage2431-22.6%$337,500$270,00025%
Shakopee1939-51.3%$252,000$244,9002.9%
Belle Plaine47-42.9%$235,000$234,0000.4%
Elko New Market24-50%$227,000$316,000-28.2%

MORE NEWS