In March 2021, there were 18 homes sold, with a median sale price of $299,300 - a 15% decrease over the $352,000 median sale price for the same period of the previous year. There were 29 homes sold in Prior Lake in March 2020.
The median sales tax in Prior Lake for the most recent year with available data, 2019, was $3,870, approximately 1.3% of the median home sale price for March 2021.
The following table compares Prior Lake to other Scott County cities in March 2021:
| City | Mar. 2021 Home Sales | Mar. 2020 Home Sales | % change (Total Home Sales) | Mar. 2021 Median Sales Price | Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elko New Market | 1 | 5 | -80% | $357,100 | $319,000 | 11.9% |
| Savage | 20 | 35 | -42.9% | $318,000 | $325,000 | -2.2% |
| Shakopee | 37 | 34 | 8.8% | $305,000 | $260,500 | 17.1% |
| Prior Lake | 18 | 29 | -37.9% | $299,300 | $352,000 | -15% |
| Jordan | 6 | 7 | -14.3% | $265,750 | $278,240 | -4.5% |
| Belle Plaine | 7 | 8 | -12.5% | $265,000 | $217,835 | 21.7% |
| New Prague | 4 | 8 | -50% | $211,500 | $274,000 | -22.8% |
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