Downtown Prior Lake (Downtown) · Grainwood · Spring Lake
Data as of March 2026. Source: Realtor.com.
The PRIOR LAKE, MN real estate market (55372) currently shows 160 active listings, with 60 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 31 days on market compared to 29 days last year.
The median listing price has fallen 8.7% year-over-year, from $792,000 to $722,725.
Whether you are buying or selling in PRIOR LAKE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 34,184 · Density: 225.6/mi² · Median household income: $137,301
Typical home value: $421,073 · Homeownership: 90.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 55372 | Prior Lake, MN 55372 | 0.0 mi | 117 | $109,222,893 | $749,431 | $933,529 |
| 55306 | Burnsville, MN 55306 | 6.9 mi | 37 | $15,126,155 | $388,175 | $408,815 |
| 55020 | Elko New Market, MN 55020 | 7.2 mi | 24 | $13,748,064 | $560,563 | $572,836 |
| 55054 | Elko New Market, MN 55054 | 8.0 mi | 31 | $14,565,040 | $457,995 | $469,840 |
| 55337 | Burnsville, MN 55337 | 9.6 mi | 100 | $31,582,700 | $299,950 | $315,827 |
| 55088 | Webster, MN 55088 | 10.3 mi | 5 | $3,543,375 | $708,675 | $708,675 |
| 55347 | Eden Prairie, MN 55347 | 10.8 mi | 101 | $89,170,880 | $639,725 | $882,880 |
| 55124 | Saint Paul, MN 55124 | 11.4 mi | 109 | $40,274,737 | $321,225 | $369,493 |
| 55344 | Eden Prairie, MN 55344 | 12.9 mi | 35 | $12,250,560 | $283,425 | $350,016 |
| 55315 | Carver, MN 55315 | 13.6 mi | 32 | $20,653,312 | $539,205 | $645,416 |
| 55439 | Minneapolis, MN 55439 | 13.7 mi | 31 | $26,309,545 | $628,700 | $848,695 |
| 55435 | Minneapolis, MN 55435 | 14.0 mi | 49 | $17,061,849 | $172,450 | $348,201 |
| 55425 | Minneapolis, MN 55425 | 14.3 mi | 16 | $4,443,408 | $306,225 | $277,713 |
As of March 2026, there are 160 active listings in PRIOR LAKE, MN (zip code 55372), compared to 126 the prior year.
The median listing price in PRIOR LAKE, MN 55372 is $722,725 as of March 2026, a 8.7% decrease from $792,000 the prior year.
Homes in PRIOR LAKE, MN 55372 spend an average of 31 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PRIOR LAKE, MN 55372 is currently a Buyer's Market. Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 31 days on market compared to 29 days last year.
With SELL123.com's maximum 3% commission, sellers in PRIOR LAKE, MN 55372 save an estimated $14,455 compared to a typical 5% commission on the median listing price of $722,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.