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Prior Lake, Minnesota — Seller's Guide

Thinking About Selling Your Prior Lake Home?

AI-powered market data, neighborhood insights, and a free home valuation from a local expert in Scott County.

Live Market Data

Prior Lake Market at a Glance

Median Sale Price

$440,000

+4.9% vs last year

Avg Days on Market

17

From listing to accepted offer

Price per Sq Ft

$205

Based on recent sales

Compete Score

76/100

Buyer demand in this market

Market Timing

Buyer's MarketBalancedSeller's Market
Seller's Market

Days on Market

17

YoY Change

+4.9%

Compete Score

76/100

Prior Lake's market currently favors sellers. Homes are spending just 17 days on market, and year-over-year prices are up +4.9%. This is a strong window to list.

Best months to list in Prior Lake:

April through June typically sees the highest sale prices and fastest closings. Listing in late winter (February-March) gives you a head start before peak competition.

Selling Cost Estimator

$440,000
$200K$2M
Agent Commission (5-6%)$22,000$26,400
MN Deed Tax (0.33%)$1,452
Title Insurance~$2,200
Closing Costs (~1.5%)$6,600
Total Estimated Costs$32,252$36,652
Estimated Net Proceeds$403,348$407,748

* These are estimates based on typical Prior Lake transactions. Actual costs vary.

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AI Market Analysis

Prior Lake Real Estate Market

The Prior Lake housing market continues to show strong fundamentals. With a median sale price of $440,000 and homes spending an average of just 17 days on market, sellers in Prior Lake are in a favorable position.

Year-over-year prices have moved +4.9%, reflecting sustained buyer demand in the Scott County market. The compete score of 76/100 indicates that buyers are actively competing for homes in this area, putting sellers in a strong negotiating position.

If you're considering selling your Prior Lake home, our AI can analyze comparable sales in your specific neighborhood to show you exactly where your property stands in today's market.

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Seasonal Intelligence

When to Sell in Prior Lake

Our AI tracks seasonal patterns to help you time your sale for maximum value:

SeasonAvg DaysSale vs ListBest For
Spring (Mar–May)12 days101%Maximum price
Summer (Jun–Aug)15 days100%Family buyers
Fall (Sep–Nov)22 days98%Motivated buyers
Winter (Dec–Feb)28 days97%Serious buyers only

Schools in Prior Lake

Prior Lake is served by Prior Lake-Savage Schools (ISD 719), rated 8/10 overall. Strong school ratings are one of the top factors that attract buyers to this area, which directly supports your home's value.

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