Prior Lake, MN Real Estate & Property Data

Prior Lake Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Prior Lake, MN 55372. ATTOM’s Prior Lake real estate data is updated daily, and current market trends show that in Prior Lake, MN a total of 570 residential properties have sold over the past year. With a median home price of $390,000 in Prior Lake and a total of 2 foreclosures. Get detailed property data for Prior Lake, MN instantly. ATTOM is your one-stop-shop for the Prior Lake property reports and real estate data you need in Prior Lake, MN.

Prior Lake Real Estate Market Trends
Total Residential Properties 13,377
Total Commercial Properties 188
Avg. Home Age (Single Family Home) 33 Years
Avg. Square Feet (Single Family Home) 2,029
Total 2025 Residential Sales (year-to-date) 51
% of Homes Seriously Underwater (Q2 2025) 1.38%
Total 2024 Residential Sales 546
% of Equity Rich Homes (Q2 2025) 33.77%
Effective 2024 Property Tax 0.92%
Total Foreclosure Filings (year-to-date) 3
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Prior Lake, MN 55372 Real Estate Overview

There were 570 residential properties sold in the past year in Prior Lake, MN 55372. The median home value in Prior Lake, MN 55372 is $498,713. There are a total of 13,377 residential properties in the 55372.

Median Sales Price i
$390,000
(Feb 2025)
-24.3%
year-over-year
y-o-y
  • February '25 Feb '25 $390,000
  • January '25 Jan '25 $465,000
  • December '24 Dec '24 $630,000
  • November '24 Nov '24 $713,000
  • October '24 Oct '24 $495,000
  • September '24 Sep '24 $547,500
  • August '24 Aug '24 $619,500
  • July '24 Jul '24 $575,000
  • June '24 Jun '24 $520,450
  • May '24 May '24 $532,500
  • April '24 Apr '24 $550,000
  • March '24 Mar '24 $716,900
Median Down Payment i
$15,000
(Feb 2025)
-80.6%
year-over-year
y-o-y
  • February '25 Feb '25 $15,000
  • January '25 Jan '25 $100,000
  • December '24 Dec '24 $90,525
  • November '24 Nov '24 $113,875
  • October '24 Oct '24 $79,700
  • September '24 Sep '24 $94,225
  • August '24 Aug '24 $150,000
  • July '24 Jul '24 $155,155
  • June '24 Jun '24 $78,000
  • May '24 May '24 $88,125
  • April '24 Apr '24 $115,000
  • March '24 Mar '24 $267,500
Number of Homes Sold i
14
(Feb 2025)
-60%
year-over-year
y-o-y
  • February '25 Feb '25 14
  • January '25 Jan '25 37
  • December '24 Dec '24 53
  • November '24 Nov '24 42
  • October '24 Oct '24 72
  • September '24 Sep '24 46
  • August '24 Aug '24 50
  • July '24 Jul '24 50
  • June '24 Jun '24 52
  • May '24 May '24 47
  • April '24 Apr '24 42
  • March '24 Mar '24 30
Number of Purchase Loans i
11
(Feb 2025)
-66.7%
year-over-year
y-o-y
  • February '25 Feb '25 11
  • January '25 Jan '25 22
  • December '24 Dec '24 46
  • November '24 Nov '24 36
  • October '24 Oct '24 65
  • September '24 Sep '24 41
  • August '24 Aug '24 34
  • July '24 Jul '24 44
  • June '24 Jun '24 41
  • May '24 May '24 37
  • April '24 Apr '24 31
  • March '24 Mar '24 21
Number of REFI Loans i
18
(Feb 2025)
-40%
year-over-year
y-o-y
  • February '25 Feb '25 18
  • January '25 Jan '25 24
  • December '24 Dec '24 31
  • November '24 Nov '24 19
  • October '24 Oct '24 31
  • September '24 Sep '24 18
  • August '24 Aug '24 30
  • July '24 Jul '24 19
  • June '24 Jun '24 13
  • May '24 May '24 26
  • April '24 Apr '24 31
  • March '24 Mar '24 20
Number of HELOC Loans i
16
(Feb 2025)
-5.9%
year-over-year
y-o-y
  • February '25 Feb '25 16
  • January '25 Jan '25 29
  • December '24 Dec '24 17
  • November '24 Nov '24 29
  • October '24 Oct '24 23
  • September '24 Sep '24 12
  • August '24 Aug '24 23
  • July '24 Jul '24 21
  • June '24 Jun '24 24
  • May '24 May '24 31
  • April '24 Apr '24 20
  • March '24 Mar '24 24

Prior Lake, MN 55372 Foreclosure Activity

There were a total of 2 Prior Lake, MN 55372 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 1
  • June '24 Jun '24 3
  • May '24 May '24 3
  • April '24 Apr '24 1
  • March '24 Mar '24 1
Foreclosure Starts i
2
(Feb 2025)
+100%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 1
  • June '24 Jun '24 3
  • May '24 May '24 3
  • April '24 Apr '24 1
  • March '24 Mar '24 1
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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