Prior Lake Housing Information - Census

IndexPrior LakeMinnesotaNational
Median home price$262,400$185,200$175,700
Median rent asked$1,101$835$920
Avg. people per household2.62.42.6
Owner occupied households83.4%72.1%64.4%
Renter occupied households16.6%27.9%35.6%

Prior Lake Housing Information - Zillow

IndexPrior LakeMinnesotaNational
Zillow home value index$331,200$205,200$196,500
Year over year appreciation rate6.36%8.17%6.79%
5 year average appreciation rate7.42%6.58%5.28%
10 year average appreciation rate0.21%-0.12%0.01%

Did you know?

  • The median home price in Prior Lake is 49% higher than the national average.
  • The median rent asked in Prior Lake is 20% higher than the national average.
  • The average number of people per household in Prior Lake is 1% higher than the national average.
  • The number of owner occupied households in Prior Lake is 30% higher than the national average.
  • The number of renter occupied households in Prior Lake is 54% lower than the national average.

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Compare Prior Lake, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Mendota, MN221$172,2002%
Richfield, MN35,877$184,8005%
Farmington, MN21,861$200,30014%
Hopkins, MN17,909$200,50014%
Mound, MN9,205$204,10016%
Prior Lake, MN23,956$262,40049%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Calabasas, CA23,956$883,700403%
Corsicana, TX23,968$78,60055%
Norton Shores, MI23,941$111,40037%
Mint Hill, NC23,934$199,20013%
Colleyville, TX23,928$415,100136%
Prior Lake, MN23,956$262,40049%
Source: The Prior Lake, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.