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Minnesota State Wire

Thursday, September 11, 2025

Prior Lake home prices rose in April 2021

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The median sale price of a home sold in April 2021 in Prior Lake rose by $25,100 while total sales decreased by 29.3%, according to BlockShopper.com.

In April 2021, there were 29 homes sold, with a median sale price of $350,000 - a 7.7% increase over the $324,900 median sale price for the same period of the previous year. There were 41 homes sold in Prior Lake in April 2020.

The median sales tax in Prior Lake for the most recent year with available data, 2019, was $3,870, approximately 1.1% of the median home sale price for April 2021.

The following table compares Prior Lake to other Scott County cities in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Elko New Market57-28.6%$375,000$315,00019%
Prior Lake2941-29.3%$350,000$324,9007.7%
Savage2136-41.7%$335,000$316,5005.8%
Jordan412-66.7%$329,500$277,80018.6%
Belle Plaine810-20%$302,500$257,25017.6%
New Prague7616.7%$299,900$245,50022.2%
Shakopee3542-16.7%$271,770$270,9500.3%

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