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:
City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Jordan | 2 | 12 | -83.3% | $503,800 | $428,000 | 17.7% |
Elko New Market | 1 | 14 | -92.9% | $415,000 | $342,450 | 21.2% |
Savage | 23 | 45 | -48.9% | $410,000 | $325,000 | 26.2% |
Shakopee | 44 | 62 | -29% | $360,000 | $257,500 | 39.8% |
Prior Lake | 34 | 45 | -24.4% | $355,000 | $365,000 | -2.7% |
New Prague | 5 | 10 | -50% | $335,000 | $277,450 | 20.7% |
Belle Plaine | 9 | 14 | -35.7% | $295,000 | $280,950 | 5% |