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Today: September 22, 2025
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Prior Lake Real Estate Forecast, Prior Lake Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Prior Lake a good investment? The median home price in Prior Lake today: ▼ 503,181 USD (-5.969%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$503,181

1 Month Forecast

▲ $538,179

1-Year Forecast *

▲ $572,934

5-Year Forecast *

▲ $622,746

"Is it a good time to buy homes in Prior Lake?" "Does investing in real estate in Prior Lake (Minnesota State, Scott County) worth it?" According to our live Forecast System, buying a house in Prior Lake is a good short-term (1-year) investment*. The Prior Lake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Prior Lake" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Prior Lake in Minnesota State, Scott County. If you are looking for homes for sale with good flipping profit, Prior Lake can be a profitable property investment option. The median price of an average house in Prior Lake was 503,181 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Prior Lake" area is 622,746 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +23.76% meaning that investing 100000 USD today may yield a profit of 23,762 USD by 2030.

Current Median Listing Price: 503,181 USD Median Listing Price Per Square Foot: 280 USD

Prior Lake Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Prior Lake (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Prior Lake Price Target

Prior Lake median home price target in 12 months: $572,934* (upside of 13.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $532,221 $535,123 $532,221 $535,123
2024 $487,863 $503,181 $487,863 $503,181
2023 $488,610 $488,731 $484,340 $491,687
2022 $471,020 $491,954 $471,020 $504,807
2021 $417,244 $466,073 $417,244 $466,073
2020 $379,680 $412,115 $379,680 $412,115
2019 $368,063 $377,493 $368,063 $377,493
2018 $349,145 $366,781 $349,145 $366,781
2017 $333,527 $347,919 $333,527 $347,919
2016 $319,718 $330,497 $319,718 $330,497
2015 $301,951 $317,523 $301,951 $317,523
2014 $291,342 $301,443 $291,342 $301,573
2013 $265,855 $289,661 $265,855 $289,661
2012 $249,076 $263,327 $247,227 $263,327

Questions & Answers about the Prior Lake Housing Market Forecast

How much does an average home cost in Prior Lake today?

The value of an average home (the listing price) in Prior Lake is $503,181 USD.

What is the average price per square foot in Prior Lake?

According to Walletinvestor the median price per square foot in Prior Lake is 280 USD.

Will the median listing price of homes in Prior Lake grow / rise / go up?

Yes. The Prior Lake home prices may rise from 503,181 USD to 572,934 USD in one year.

Is it profitable to invest in Prior Lake homes?

Yes. The long-term profit potential is +13.86% in one year.

Will Prior Lake house prices fall / drop?

No. See above.

What is the predicted price of a Prior Lake home in 2030?

The predicted home sales price of a Prior Lake home in 2030 in Prior Lake is 622,746 USD.

What is the predicted price of a Prior Lake home in 2035?

The predicted home sales price of a Prior Lake home in 2035 in Prior Lake is 724,718 USD.

Will real estate prices decrease in Prior Lake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Prior Lake is the 1776. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Scott, Prior Lake increased, looking at the past 12 months.

According to Walletinvestor's Prior Lake real estate market research, home values will increase in the next 12 months.

Median home values increased by 1.619% to 503,181 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 15.812% in 2020
  • 12.792% in 2021
  • 15.502% in 2022
  • 12.292% in 2023
  • 15.652% in 2024
  • 11.872% in 2025

Based on our Prior Lake real estate market research and report the predicted sales prices will increase by 266.271% in the next 10 years.

Over the last 12 months, the value of homes in Prior Lake fluctuated: increasing 9 times and decreasing 1 times.

Prior Lake (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Prior Lake Housing Market Forecast with Real Estate Prices for 2025
August 2025 538179 500507 575852
September 2025 541254 505531 576976
October 2025 544345 492088 596603
November 2025 547455 517892 577017
December 2025 550582 520300 580864
Prior Lake Housing Market Forecast with Real Estate Prices for 2026
January 2026 553727 501677 605777
February 2026 556890 526818 586962
March 2026 560071 508545 611598
April 2026 563270 529474 597067
May 2026 566488 520036 612940
June 2026 569724 513891 625557
July 2026 572934 528245 617622
August 2026 575307 520078 630537
September 2026 578593 547928 609259
October 2026 581898 549312 614485
November 2026 585222 544842 625603
December 2026 588565 535006 642125
Prior Lake Housing Market Forecast with Real Estate Prices for 2027
January 2027 591927 547533 636322
February 2027 595309 542326 648291
March 2027 598709 555602 641816
April 2027 602129 567206 637053
May 2027 603446 543102 663791
June 2027 601232 549526 652938
July 2027 599025 559490 638561
August 2027 596827 537741 655913
September 2027 594637 536957 652316
October 2027 592454 543281 641628
November 2027 590280 548370 632190
December 2027 588114 530479 645749
Prior Lake Housing Market Forecast with Real Estate Prices for 2028
January 2028 586315 532961 639670
February 2028 586424 546547 626301
March 2028 587735 545418 630052
April 2028 589971 550443 629499
May 2028 592552 539815 645289
June 2028 594491 537420 651562
July 2028 595209 560092 630326
August 2028 594586 549992 639180
September 2028 593181 559963 626400
October 2028 591630 534242 649018
November 2028 590580 551011 630148
December 2028 590621 549868 631374
Prior Lake Housing Market Forecast with Real Estate Prices for 2029
January 2029 592867 549587 636146
February 2029 595735 542715 648756
March 2029 597787 561322 634251
April 2029 597805 538622 656988
May 2029 597399 545426 649373
June 2029 597911 565624 630198
July 2029 599419 559258 639580
August 2029 602174 561226 643122
September 2029 605417 571514 639321
October 2029 608876 553468 664283
November 2029 612354 575612 649095
December 2029 614199 565063 663335
Prior Lake Housing Market Forecast with Real Estate Prices for 2030
January 2030 614628 576522 652735
February 2030 614815 574852 654778
March 2030 614583 559885 669281
April 2030 614731 569856 659606
May 2030 615692 554123 677262
June 2030 619209 563480 674938
July 2030 622746 590364 655129
August 2030 626304 582462 670145
September 2030 629881 592088 667674
October 2030 633479 598638 668321
November 2030 637098 590590 683606
December 2030 640737 576663 704811
Prior Lake Housing Market Forecast with Real Estate Prices for 2031
January 2031 644397 599289 689505
February 2031 648078 596232 699924
March 2031 651780 607459 696101
April 2031 655503 611584 699422
May 2031 659196 622281 696111
June 2031 661927 618240 705614
July 2031 665708 608457 722959
August 2031 669511 618628 720394
September 2031 673335 627548 719122
October 2031 677181 626393 727970
November 2031 681050 620436 741663
December 2031 684940 617131 752749
Prior Lake Housing Market Forecast with Real Estate Prices for 2032
January 2032 688852 641322 736383
February 2032 692787 626280 759295
March 2032 694303 628344 760262
April 2032 691755 646099 737411
May 2032 689216 629254 749178
June 2032 686687 622825 750549
July 2032 684167 620539 747794
August 2032 681656 623034 740278
September 2032 679154 639763 718545
October 2032 676662 611026 742298
November 2032 674593 621300 727885
December 2032 674718 608595 740840
Prior Lake Housing Market Forecast with Real Estate Prices for 2033
January 2033 676226 616042 736410
February 2033 678799 639429 718169
March 2033 681768 644953 718584
April 2033 683999 649799 718199
May 2033 684825 639627 730024
June 2033 684109 619803 748415
July 2033 682492 646320 718665

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.