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Prior Lake, Minnesota

Prior Lake Real Estate

Homes for sale, local facts and advice for buying or selling in Prior Lake, Scott County, from Huerkamp Home Group.

Updated October 7, 2026 · By Jason Huerkamp, REALTOR®

Key takeaways

What should you know about Prior Lake at a glance?

Prior Lake is a south metro city in Scott County, home to 28,018 people. Here's what the public numbers say.

  • Population: 28,018 (Census 2024 estimate; +1.5% since 2020)
  • Median home value: $450,700, 7% higher than the Scott County median (owner estimates, Census ACS)
  • Median household income: $134,255, 13% higher than Scott County
  • Homeownership: 86.2% of households own their home (Minnesota: 72.2%)
  • Getting around: about 36 minutes to downtown Minneapolis and 31 minutes to MSP Airport in light traffic
  • Schools: Prior Lake-Savage Area Schools covers about 83% of the city

Sources: US Census Bureau 2024 population estimates and 2020–2024 American Community Survey; drive times from OpenStreetMap routing.

For sale now

Where can I find Prior Lake homes for sale?

The newest Prior Lake listings, live from the NorthstarMLS. Open any home for photos, maps and saved-search alerts.

See all 113 Prior Lake homes for sale

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 6:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

Listings from NorthstarMLS, updated every hour from 8 AM to 10 PM.

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Housing market · September 2026

Prior Lake home prices and sales

Over the 12 months through September 2026, the median sale price in Prior Lake was $500,000, up 2.3% from the year before, with 423 homes sold.

  • Median sale price$500,000+2.3% vs. prior 12 months
  • Homes sold423past 12 months
  • Days on market62past 12 months
  • Months of supply3.8end of September 2026

NorthstarMLS data via the Minneapolis Area REALTORS® Local Market Update, current as of October 7, 2026. Full Prior Lake market report

Living in

What's it like living in Prior Lake, MN?

The answer

Prior Lake is a south metro city, and it's about 36 minutes from downtown Minneapolis and 42 minutes from downtown Saint Paul in light traffic. 87.3% of its homes are single-family houses, the typical home was built around 1998, and 86.2% of households own their home.

Downtown Minneapolis36min
Downtown Saint Paul42min
MSP Airport31min
Mall of America28min
University of Minnesota39min
Prior Lake28,018 residents · Scott County

Demographics · Prior Lake, MN

Who lives in Prior Lake?

According to the Census Bureau, Prior Lake's median household income is $134,255, 13% higher than the Scott County median (Scott County: $119,314). The median age is 39.6, 86.2% of households own their home and 52.4% of adults hold a bachelor's degree or higher.

Population28,0189,976 households
Median household income$134,255Scott Co. $119,314 · MN $89,062
Median home value$450,700Scott Co. $419,400 · MN $329,300
Median gross rent$1,654Scott Co. $1,568 · MN $1,280
Homeowners86.2%Scott Co. 83.8% · MN 72.2%
Bachelor's degree or higher52.4%Scott Co. 44.1% · MN 39.4%
Median age39.6Scott Co. 37.8 · MN 38.8
Single-family homes87.3%Median year built: 1998

US Census Bureau, American Community Survey 2020–2024 5-year estimates; population from 2024 estimates. Home values are owner estimates; values shown with “+” are the Census reporting cap.

Population trend

How fast is Prior Lake growing?

Prior Lake's population grew 1.5% between 2020 and 2024, from 27,613 to 28,018 residents, according to Census Bureau estimates.

Prior Lake population, 2020–2024
27k27.5k28k28.5k2020202120222023202427,628202027,628202128,141202228,171202328,05628,018202428,018

US Census Bureau Vintage 2024 population estimates.

Show as a table
YearResidents
202027,628
202128,141
202228,171
202328,056
202428,018

School planning

Which schools serve a Prior Lake address?

  • Prior Lake-Savage Area Schoolsabout 83% of the city
  • Shakopee Public School Districtabout 17% of the city

Ask the district for the school assignment of the exact address for the year you'll enroll, since boundaries can change. Being near a school doesn't guarantee a spot, and charter and private schools set their own rules.

Minnesota Report Card (Department of Education)

District coverage: US Census Bureau 2024 school district boundaries.

Crime data

How can you check reported crime near a home?

Ask the police department that serves the address for its current reports, and compare places only across the same time period and offense definitions. Missing data doesn't mean zero crime, and a citywide number doesn't describe a particular street.

FBI Crime Data Explorer

By ZIP code

What does Prior Lake look like by ZIP code?

2 ZIP codes cover most of Prior Lake.

ZIPShare of cityMedian home valueMedian household incomeHomeownersListings
5537281%$467,400$145,49990.7%Homes for sale
5537918%$379,700$106,31274.7%Homes for sale

ZIP code areas (ZCTAs) covering at least 5% of the city; values for the whole ZIP area, Census ACS 2020–2024.

Outdoor living

What lakes and water are in Prior Lake?

Prior Lake has about 3.2 square miles of water inside city limits. 10 lakes of 10 acres or more touch Prior Lake; each has its own page with the lakefront homes for sale on it.

Lakefront homes on Lower Prior Lake

All Twin Cities lake homes

Commute & transportation

How easy is getting around Prior Lake?

Prior Lake residents' average one-way commute is 24.7 minutes (Census ACS). 63.9% drive alone, 0.8% take public transit and 24.6% work from home.

Average commute24.7 minMN average 22.7 min
Drive alone63.9%of workers
Public transit0.8%of workers
Work from home24.6%of workers

Drive times from Prior Lake

Drive times: OSRM routing on OpenStreetMap data from the city's Census center point, light traffic. Rush hour takes longer.

Economy & jobs

Where do Prior Lake residents work?

The largest share of employed Prior Lake residents work in education, health care and social assistance (20.1%), followed by manufacturing (15.2%). The unemployment rate averaged 1.5% over 2020–2024 (Minnesota: 4.1%).

Census ACS 2020–2024, industry of employed residents 16 and older (C24050) and employment status (B23025).

Industries Prior Lake residents work in
  1. Education, health care and social assistance20.1%
  2. Manufacturing15.2%
  3. Retail trade12.6%
  4. Professional, scientific and management services11.3%
  5. Finance, insurance and real estate9.4%
  6. Arts, entertainment, recreation, lodging and food7.7%

City comparison

How does Prior Lake compare to Shakopee, Savage and Credit River?

The three communities with the shortest drive from Prior Lake, side by side.

MetricPrior LakeShakopeeSavageCredit River
Population (2024)28,01848,40132,8965,589
Change since 2020+1.5%+10.7%+1.4%+1.5%
Median home value$451K$375K$432K$595K
Median household income$134K$107K$126K$143K
Median gross rent$1,654$1,531$1,766—
Homeowners86.2%74.8%85.8%97.5%
Median age39.636.637.544.8
Average commute24.7 min22.4 min25.1 min24.1 min
Drive to downtown Minneapolis36 min33 min30 min38 min

Census 2024 estimates and ACS 2020–2024; drive times from OpenStreetMap routing.

Cost of ownership

What will a Prior Lake home cost you each month?

Enter the numbers for a specific home. The price starts at Prior Lake's Census median home value; the interest rate, property tax and insurance are yours to fill in from a lender quote, the county's tax statement and an insurance quote. This is an illustration, not a loan estimate.

Enter an interest rate to see a monthly estimate.

Selling in Prior Lake

What's required to sell a home in Prior Lake?

We haven't confirmed a city pre-sale inspection for Prior Lake; check with the city before you list. Every Minnesota sale still includes the state disclosures: property condition, wells, septic systems, radon, lead paint for older homes and more.

Selling in Minnesota: every city's rules and the state disclosures · Estimate your net proceeds

Is Prior Lake right for you?

Who should buy a home in Prior Lake?

  • Compare homes, not averages. Choose the space, layout and condition you need, and confirm it with an inspection.
  • Try the drive. Test your commute at the times you'd actually travel.
  • Check the schools for the address. Prior Lake-Savage Area Schools covers most of the city, but not all of it.
  • Budget the whole payment. Include taxes, insurance, association dues and upkeep.

Planning a move

What should I verify before moving to Prior Lake?

  • The property's current tax statement and homestead status from Scott County.
  • Lender, insurance and utility quotes for the exact address, plus any association documents and special assessments.
  • The seller's disclosures, including Minnesota's required radon and well disclosures.
  • Whether the city requires a point-of-sale inspection or certificate (Minneapolis and Saint Paul, for example, require Truth-in-Sale-of-Housing reports).
  • The school assignment for your enrollment year, confirmed with the district.

Local stories

What's happening in Prior Lake

Stories about Prior Lake: new development, parks, local businesses and the housing market.

All local stories

Living in Minneapolis on YouTube

Watch: Prior Lake on video

Jason's videos about Prior Lake: neighborhoods, homes and what living here is really like.

All Twin Cities videos

This weekend's open houses

Can you tour Prior Lake homes this weekend?

Found a Prior Lake home you like? We'll set up a private showing, usually within a day or two, or tell you when it has an open house.

Prior Lake FAQ

What do Prior Lake buyers most often ask?

What is the median home value in Prior Lake?

The Census Bureau's 2020–2024 American Community Survey puts the median value of owner-occupied homes in Prior Lake at $450,700, 7% higher than the Scott County median (Scott County: $419,400). These are owner estimates; for current asking prices, see the Prior Lake homes for sale in our home search.

How many people live in Prior Lake, MN?

About 28,018 people, according to the Census Bureau's 2024 estimate. The city grew by 1.5% between 2020 and 2024.

Which school district serves Prior Lake?

Prior Lake-Savage Area Schools (about 83% of the city) and Shakopee Public School District (about 17% of the city). School assignment depends on the exact address, so confirm it with the district before you buy.

How far is Prior Lake from downtown Minneapolis?

About 36 minutes by car in light traffic, and about 42 minutes to downtown Saint Paul. Residents' average one-way commute is 24.7 minutes (Census ACS).

Is Prior Lake a good place to live?

It depends on what you need. Prior Lake has a median household income of $134,255, 86.2% homeownership and a 24.7-minute average commute. Visit at the times you'd normally drive, check the school assignment for the address, and compare total ownership costs before you decide.

What does it cost to rent in Prior Lake?

The median gross rent (rent plus utilities) is $1,654 a month, compared with $1,568 in Scott County (Census ACS 2020–2024).

What ZIP codes are in Prior Lake?

55372 and 55379 cover most of the city. ZIP code areas and city limits don't match exactly, so check the city on the property record.

What lakes are in Prior Lake?

The largest named lakes inside the city are Prior Lake (about 1,309 acres), Spring Lake (about 384 acres), Howard Lake (about 57 acres) and Pike Lake (about 45 acres), based on Census water maps.

How long does it take to close on a home in Prior Lake?

Most financed purchases close about 30 to 45 days after an accepted offer, and cash purchases can close sooner. Your lender, the appraisal and the title company set the actual timeline.

Does Prior Lake require an inspection to sell a home?

We haven't confirmed a city inspection requirement for Prior Lake. Every Minnesota seller still owes the state disclosures (property condition, wells, septic, radon and more), and some counties require a septic inspection. Check with the city before you list.

Why Huerkamp Home Group

Why work with Huerkamp Home Group?

2002Founded by Jason & Brooke Huerkamp
39Agents and staff
5.0Stars from 841 Google reviews
15+Years as a Ramsey ELP

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Jason Huerkamp
Jason HuerkampFounder, Huerkamp Home GroupMN license 20329835(612) 843-962014300 Nicollet Ct, Ste 208, Burnsville, MN 55306

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