In January 2022, there were 12 homes sold, with a median sale price of $475,000 - a 46.7% increase over the $323,700 median sale price for the same period of the previous year. There were 20 homes sold in Prior Lake in January 2021.
The median sales tax in Prior Lake for the most recent year with available data, 2019, was $3,870, approximately 0.8% of the median home sale price for January 2022.
The following table compares Prior Lake to other Scott County cities in January 2022:
| City | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Prior Lake | 12 | 20 | -40% | $475,000 | $323,700 | 46.7% |
| Jordan | 3 | 3 | 0% | $450,000 | $224,900 | 100.1% |
| Savage | 22 | 12 | 83.3% | $332,500 | $292,500 | 13.7% |
| Shakopee | 15 | 23 | -34.8% | $330,000 | $250,000 | 32% |
| Belle Plaine | 5 | 7 | -28.6% | $320,000 | $278,000 | 15.1% |
| Elko New Market | 2 | 4 | -50% | $291,450 | $278,250 | 4.7% |
| New Prague | 0 | 2 | -100% | $0 | $339,000 | -100% |
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