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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:
City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Elko New Market | 5 | 7 | -28.6% | $375,000 | $315,000 | 19% |
Prior Lake | 29 | 41 | -29.3% | $350,000 | $324,900 | 7.7% |
Savage | 21 | 36 | -41.7% | $335,000 | $316,500 | 5.8% |
Jordan | 4 | 12 | -66.7% | $329,500 | $277,800 | 18.6% |
Belle Plaine | 8 | 10 | -20% | $302,500 | $257,250 | 17.6% |
New Prague | 7 | 6 | 16.7% | $299,900 | $245,500 | 22.2% |
Shakopee | 35 | 42 | -16.7% | $271,770 | $270,950 | 0.3% |