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Minnesota State Wire

Wednesday, September 10, 2025

Prior Lake median home prices fell by 13.8% in December 2021

Webp re 2

The median sale price of a home sold in December 2021 in Prior Lake fell by $55,000 while total sales decreased by 30.3%, according to BlockShopper.com.

In December 2021, there were 23 homes sold, with a median sale price of $345,000 - a 13.8% decrease over the $400,000 median sale price for the same period of the previous year. There were 33 homes sold in Prior Lake in December 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 December 2021.

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

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Elko New Market4333.3%$407,500$226,90079.6%
Savage32313.2%$353,000$340,0003.8%
Jordan6450%$351,000$342,4502.5%
Prior Lake2333-30.3%$345,000$400,000-13.8%
Shakopee373023.3%$324,900$256,50026.7%
Belle Plaine125140%$315,000$260,00021.2%
New Prague4333.3%$222,750$421,422-47.1%

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