All Home Types
Prior Lake, MN Housing Market
What is the housing market like in Prior Lake today?
In May 2025, Prior Lake home prices were up 5.8% compared to last year, selling for a median price of $519K. On average, homes in Prior Lake sell after 17 days on the market compared to 25 days last year. There were 38 homes sold in May this year, down from 55 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$518,500
+5.8% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Prior Lake, MN
$518,500
+5.8%
United States
Work with the best agents in Prior Lake
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
Prior Lake Migration & Relocation Trends
In Feb '25 - Apr '25, 22% of Prior Lake homebuyers searched to move out of Prior Lake, while 78% looked to stay within the metropolitan area.
- Across the nation, 0.77% of homebuyers searched to move into Prior Lake from outside metros.
- Albuquerque homebuyers searched to move into Prior Lake more than any other metro followed by Miami and New York.
Where are people moving to Prior Lake from?
- 78% of Prior Lake homebuyers searched to stay within the Prior Lake metropolitan area.
- Brainerd was the most popular destination among Prior Lake homebuyers followed by Cape Coral and Duluth.
Where are people from Prior Lake moving to?
Number of People Moving to Prior Lake
least
most
People are moving to Prior Lake from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 857 | ||
| 2 | 853 | ||
| 3 | 621 | ||
| 4 | 583 | ||
| 5 | 421 | ||
| 6 | 294 | ||
| 7 | 268 | ||
| 8 | 158 | ||
| 9 | 148 | ||
| 10 | 134 | ||
People are leaving Prior Lake for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 463 | ||
| 2 | 255 | ||
| 3 | 232 | ||
| 4 | 151 | ||
| 5 | 129 | ||
| 6 | 82 | ||
| 7 | 79 | ||
| 8 | 70 | ||
| 9 | 62 | ||
| 10 | 50 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Prior Lake.
Provided by First Street Foundation
Transportation in Prior Lake
Learn about the walkability, bikeability, and transit-friendliness of Prior Lake
Car-Dependent
Walk Score®
Somewhat Bikeable
Bike Score®
About us
Find us
Subsidiaries
United States
CanadaCopyright: © 2025 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York. For additional information on Rocket Mortgage or to receive lending services in the State of New York, please visit RocketMortgage.com.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.