Downtown Prior Lake (Downtown) · Grainwood · Spring Lake
Data as of April 2026. Source: Realtor.com.
The PRIOR LAKE, MN real estate market (55372) currently shows 182 active listings, with 76 pending sales. Homes are averaging 39 days on the market before going under contract.
Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 39 days on market compared to 36 days last year.
The median listing price has fallen 4.9% year-over-year, from $853,725 to $812,200.
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 April 2026, there are 182 active listings in PRIOR LAKE, MN (zip code 55372), compared to 143 the prior year.
The median listing price in PRIOR LAKE, MN 55372 is $812,200 as of April 2026, a 4.9% decrease from $853,725 the prior year.
Homes in PRIOR LAKE, MN 55372 spend an average of 39 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PRIOR LAKE, MN 55372 is currently a Buyer's Market. Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 39 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in PRIOR LAKE, MN 55372 save an estimated $16,244 compared to a typical 5% commission on the median listing price of $812,200. 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.