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Minnesota State Wire

Wednesday, September 10, 2025

Median home prices in Prior Lake fell to $355,000 in July 2021

Webp realestate2

The median sale price of a home sold in July 2021 in Prior Lake fell by $10,000 while total sales decreased by 24.4%, according to BlockShopper.com.

In July 2021, there were 34 homes sold, with a median sale price of $355,000 - a 2.7% decrease over the $365,000 median sale price for the same period of the previous year. There were 45 homes sold in Prior Lake in July 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 July 2021.

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

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Jordan212-83.3%$503,800$428,00017.7%
Elko New Market114-92.9%$415,000$342,45021.2%
Savage2345-48.9%$410,000$325,00026.2%
Shakopee4462-29%$360,000$257,50039.8%
Prior Lake3445-24.4%$355,000$365,000-2.7%
New Prague510-50%$335,000$277,45020.7%
Belle Plaine914-35.7%$295,000$280,9505%

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