Prior Lake, MN Homes for Sale (169 Real Estate Listings)
Prior Lake, MN Real Estate Statistics
| Average Price | $1.3M |
|---|---|
| Lowest Price | $640 |
| Highest Price | $48.9M |
| Total Listings | 208 |
| Avg. Price/SQFT | $256 |
Property Types (active listings)
As of May 12, 2026 there are 169 active Prior Lake, MN real estate listings for sale with an average listing price of $974,433. The highest-priced property listing is $4,400,000, while the lowest priced property can be purchased for $160,000. Prior Lake, MN homes for sale have an average price of $263 per square foot, based on listings with an average of 4.0 bedrooms, 3.5 bathrooms, and 3,604 square feet of living space.
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Prior Lake, MN Real Estate & Homes For Sale
If you're considering moving to Prior Lake, Minnesota, you'll want to read on. This post will provide you with all the information you need to decide whether or not Prior Lake is the right place for you. We'll cover everything from the cost of living and the housing market to job opportunities and education options in this charming small town. So whether you're looking for a quiet place to raise a family or a vibrant community with plenty of activities and amenities, Prior Lake is sure to have something for everyone.
History of Prior Lake, Minnesota
Prior Lake was first settled in the mid-1800s by French-Canadian fur traders. The town started in the late 1800s as a St. Paul and Sioux City Railroad stop. In 1881, the first post office was established, and the city was officially named Prior Lake.
The early 1900s saw a period of rapid growth for Prior Lake as more and more people moved to the area to take advantage of its fertile farmland and ample fishing and hunting opportunities. The town's economy diversified in the 1950s with the establishment of a plastics plant, and today Prior Lake is home to various businesses, including restaurants, retailers, and manufacturers.
The population of Prior Lake has grown steadily over the years, from just over 1,000 residents in 1960 to more than 22,000 today. The town has also seen a corresponding growth in its infrastructure, with new schools, parks, and businesses added in recent years.
Demographics of Prior Lake, Minnesota
The population of Prior Lake is diverse, with residents of all ages and backgrounds calling the town home. The median age in Prior Lake is 34, and most residents are married (53%). The median household income in Prior Lake is $83,000, and the cost of living is relatively high compared to other areas of the country.
Housing in Prior Lake is also expensive, costing the average home more than $300,000. However, various housing options are available, from cozy cottages on the lake to spacious suburban homes.
Prior Lake has plenty of job opportunities, with a mix of small businesses and large corporations calling the town home. Prior Lake's largest employers include Mystic Lake Casino, South Central College, and Wells Fargo.
Education is a top priority in Prior Lake, with many excellent schools available to students of all ages. The public schools in Prior Lake are some of the best in the state, and several private schools and colleges are located in the town.
Things to do in Prior Lake, Minnesota
There is no shortage of things to do in Prior Lake, Minnesota. The town is home to various parks, lakes, and trails that are perfect for outdoor recreation. Several restaurants and retailers are available for dining and shopping, and the town's nightlife scene is growing rapidly.
Some popular attractions around Prior Lake include Mystic Lake Casino, Valleyfair amusement park, and the Scott County Historical Society Museum. There are also many smaller museums and galleries scattered throughout the town and various community events and festivals that take place throughout the year.
Overall, Prior Lake is a thriving community with something for everyone. If you're looking for a charming small town with plenty of amenities and activities, then Prior Lake is the perfect place for you.
Events in Prior Lake, Minnesota
The following are some of the most popular events in Prior Lake, Minnesota:
- Prior Lake Days: This annual festival takes place in July and features a variety of family-friendly activities, including a parade, carnival rides, and a fireworks show.
- Mystic Lake Casino concerts: Mystic Lake Casino hosts a series of concerts throughout the year featuring some of the biggest names in music.
- Scott County Fair: The Scott County Fair is an annual event that celebrates the area's rich agricultural heritage. The fair features a variety of exhibits, competitions, and entertainment options.
- Halloween in Prior Lake: Every October, the town of Prior Lake hosts many Halloween- themed events, including pumpkin carving contests, costume parties, and more.
Parks in Prior Lake, Minnesota
There are several excellent parks in and around Prior Lake, Minnesota, perfect for various activities. Some of the most popular parks in the town include:
- Anderson Lakes Park: This park is located on the shores of Anderson Lake and offers a variety of recreational options, including a playground, picnic shelters, and a fishing pier.
- Meadow View Park: Ellis Park is a large park with plenty of open space for playing sports or walking. The park also features a playground, picnic shelters, and a fishing pier.
- Eagle Point Park: Eagle Point Park is a large park with plenty of open space for playing sports or walking. The park also features a playground, picnic shelters, and a fishing pier.
Lakes in Prior Lake, Minnesota
Several beautiful lakes are in and around Prior Lake, Minnesota, perfect for various activities. Some of the most popular lakes in the town include:
- Anderson Lake: Anderson Lake is a large lake that offers a variety of recreational options, including fishing, canoeing, and kayaking.
- Crystal Lake: Crystal Lake is a small but scenic lake perfect for a fishing trip.
- Prior Lake: Prior Lake is the largest and most famous lake in the town and offers a variety of recreational options, including fishing, canoeing, and kayaking.
Schools in Prior Lake, Minnesota
The public schools in Prior Lake are some of the best in the state. The students here are lucky to have access to excellent educational programs and facilities.
The Prior Lake-Savage School District offers various programs for students of all ages. Several elementary schools, middle schools, and high schools in the district, and several charter and private schools.
The schools in this district are highly ranked and offer an excellent education for students of all ages. If you're looking for a perfect public school system, the Prior Lake-Savage School District is a great option.
Housing in Prior Lake, Minnesota
There are a variety of housing options available in Prior Lake, Minnesota. Some apartments and houses are available for rent or sale, and many new construction homes.
The median home price in Prior Lake is $325,000, which is higher than the national average. The cost of living in Prior Lake is lower than the national average. If you're looking for a place to call home, then Prior Lake is a great option.
Why Prior Lake, Minnesota?
If you're looking for a great place to live, work, or raise a family, then Prior Lake, Minnesota, is a great option. This town has a lot to offer its residents, including excellent schools, parks, lakes, and housing options.
Prior Lake is a great place to live because it offers a high quality of life. The town is safe and clean, and there are plenty of things to do. Prior Lake is perfect if you're looking for an enjoyable place to call home.