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Prior Lake, MN 55372 Real Estate & Property Data

Prior Lake, MN 55372 Real Estate Market Trends

Last Updated: April 26, 2024

A total of 554 residential properties have been sold over the past 12 months in 55372. With a median sales price of $515,000 in 55372 and a total of 1 foreclosures in Prior Lake, MN 55372. Discover market trends and get the granular level real estate data for Prior Lake, MN 55372 to keep your pulse on the housing market. Curate compelling home reports for Prior Lake, MN 55372 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Prior Lake, MN 55372 Real Estate Market Trends

Get property data for any address in Prior Lake, MN 55372 or the country:

Total Residential Properties 13,083

Total Commercial Properties 182

Avg. Home Age (Single Family Home) 32 Years

Avg. Square Feet (Single Family Home) 2,021

Total 2024 Residential Sales (year-to-date) 59

% of Homes Seriously Underwater (Q2 2024) 1.37%

Total 2023 Residential Sales 535

% of Equity Rich Homes (Q2 2024) 33.38%

Effective 2023 Property Tax 0.91%

Total Foreclosure Filings (year-to-date) 1

Prior Lake, MN 55372 Real Estate Overview

There were 554 residential properties sold in the past year in Prior Lake, MN 55372. The median home value in Prior Lake, MN 55372 is $495,168. There are a total of 13,083 residential properties in the 55372.

Median Sales Price i

$515,000

(Feb 2024)

-10.6%

year-over-year

y-o-y

February '24 Feb '24 $515,000
January '24 Jan '24 $543,625
December '23 Dec '23 $585,250
November '23 Nov '23 $527,500
October '23 Oct '23 $565,000
September '23 Sep '23 $484,950
August '23 Aug '23 $460,500
July '23 Jul '23 $560,000
June '23 Jun '23 $521,000
May '23 May '23 $689,900
April '23 Apr '23 $596,000
March '23 Mar '23 $465,000

Median Down Payment i

$79,006

(Feb 2024)

+11.6%

year-over-year

y-o-y

February '24 Feb '24 $79,006
January '24 Jan '24 $106,800
December '23 Dec '23 $105,025
November '23 Nov '23 $88,000
October '23 Oct '23 $105,600
September '23 Sep '23 $92,115
August '23 Aug '23 $62,000
July '23 Jul '23 $82,000
June '23 Jun '23 $78,570
May '23 May '23 $80,000
April '23 Apr '23 $63,570
March '23 Mar '23 $46,500

Number of Homes Sold i

34

(Feb 2024)

+70%

year-over-year

y-o-y

February '24 Feb '24 34
January '24 Jan '24 25
December '23 Dec '23 51
November '23 Nov '23 81
October '23 Oct '23 34
September '23 Sep '23 38
August '23 Aug '23 68
July '23 Jul '23 48
June '23 Jun '23 44
May '23 May '23 45
April '23 Apr '23 41
March '23 Mar '23 25

Number of Purchase Loans i

30

(Feb 2024)

+36.4%

year-over-year

y-o-y

February '24 Feb '24 30
January '24 Jan '24 22
December '23 Dec '23 38
November '23 Nov '23 60
October '23 Oct '23 33
September '23 Sep '23 26
August '23 Aug '23 57
July '23 Jul '23 41
June '23 Jun '23 40
May '23 May '23 32
April '23 Apr '23 42
March '23 Mar '23 28

Number of REFI Loans i

31

(Feb 2024)

+47.6%

year-over-year

y-o-y

February '24 Feb '24 31
January '24 Jan '24 11
December '23 Dec '23 29
November '23 Nov '23 34
October '23 Oct '23 19
September '23 Sep '23 17
August '23 Aug '23 24
July '23 Jul '23 21
June '23 Jun '23 26
May '23 May '23 18
April '23 Apr '23 21
March '23 Mar '23 20

Number of HELOC Loans i

15

(Feb 2024)

-6.2%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 11
December '23 Dec '23 38
November '23 Nov '23 34
October '23 Oct '23 24
September '23 Sep '23 17
August '23 Aug '23 26
July '23 Jul '23 16
June '23 Jun '23 24
May '23 May '23 27
April '23 Apr '23 18
March '23 Mar '23 23

Prior Lake, MN 55372 Real Estate Market Overview

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Prior Lake, MN 55372 Foreclosure Activity

There were a total of 1 Prior Lake, MN 55372 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 4
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 4
May '23 May '23 1
April '23 Apr '23 1
March '23 Mar '23 1

Foreclosure Starts i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 4
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 4
May '23 May '23 1
April '23 Apr '23 1
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

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