From July through September of 2021, there were 156 homes sold, with a median sale price of $385,000 - a 6.9% increase over the $360,000 median sale price for the same period of the previous year. There were 140 homes sold in Prior Lake in the third quarter of 2020.
The median sales tax in Prior Lake for the most recent year with available data, 2019, was $3,870, approximately 1% of the median home sale price for the third quarter of 2021.
The following table compares Prior Lake to other Scott County cities in the third quarter of 2021:
| City | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elko New Market | 20 | 26 | -23.1% | $385,000 | $352,950 | 9.1% |
| Prior Lake | 156 | 140 | 11.4% | $385,000 | $360,000 | 6.9% |
| Savage | 139 | 127 | 9.4% | $380,000 | $350,000 | 8.6% |
| Jordan | 24 | 24 | 0% | $345,808 | $373,950 | -7.5% |
| New Prague | 18 | 24 | -25% | $335,000 | $277,450 | 20.7% |
| Shakopee | 183 | 176 | 4% | $316,000 | $280,000 | 12.9% |
| Belle Plaine | 35 | 32 | 9.4% | $300,000 | $267,500 | 12.1% |
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