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Median Home Price in Prior Lake, MN

The median home value in Prior Lake, MN is $528,456, up 1.79% from a year earlier.

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City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$528,456

Year-over-Year

+1.79%

Population

28,163

Home value history

The typical home value decreased by 0.9%, from $533,476 in May 2026 to $528,456 in Sep 2026.

Prior Lake, MN typical home value from May 2026 to Sep 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Prior Lake, MN monthly home value history
MonthTypical home valueYear-over-year change
May 2026$533,476+2.1%
Jun 2026$536,321+2.0%
Jul 2026$534,270+1.9%
Aug 2026$530,206+1.8%
Sep 2026$528,456+1.8%

Prior Lake ranks #8 of 112 Minnesota cities tracked here by median home value, and sits 51.7% above the state's city median of $348,300. It sits in Scott County, where the county-wide median is $442,767.

Housing affordability in Prior Lake

Median household income in Prior Lake is $134,255, so the typical home value is about 3.9× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Prior Lake

Prior Lake police recorded a violent crime rate of 106 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,072 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Prior Lake

What is the average home price in Prior Lake, MN?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Prior Lake, that value is $528,456. That's up 1.79% from a year earlier. It is about 51.7% above the typical Minnesota city tracked here.

Is Prior Lake expensive compared to the surrounding area?

Homes in Prior Lake are more expensive than Scott County as a whole, where the median is $442,767 — a difference of about 19.4%.

Is Prior Lake affordable?

Median household income here is $134,255, so the typical home value is about 3.9× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Prior Lake a safe place to live?

Prior Lake police reported 106 violent crimes per 100,000 residents, covering a population of about 28,163. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in MN

Minnetrista · Edina · Corcoran · Mendota Heights · Dayton · Plymouth · Eden Prairie · Lakeville