Start Free
All market snapshots / 55372

Prior Lake, MN 55372 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Prior Lake, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 4343PendingPending sales: 66
Prior Lake, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $849k$849kSoldMedian sold price (last 6 months): $520k$520k
What homes actually sell for in Prior Lake, MN
Distribution of 309 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $375k to $725k
$255k to $392k: 73 sales73sales$255k$392k to $529k: 68 sales$529k to $666k: 52 sales$529k$666k to $802k: 34 sales$802k to $939k: 24 sales$802k$939k to $1.08M: 11 sales$1.08M to $1.21M: 9 sales$1.08M$1.21M to $1.35M: 7 salesMedian $520k

What the numbers say

As of September 14, 2026, Resideline is tracking 43 active listings and 6 pending sales in ZIP code 55372. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $849,000, while the median of the 309 closed sales Resideline tracked over the last six months was $520,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55372 for 67 days.

Frequently asked questions

What is the median home price in 55372?

The median closed sale price in Prior Lake, MN 55372 was $520,000 over the last six months, based on 309 closed sales tracked by Resideline. The middle half of those sales ranged from $375,000 to $725,000.

Is 55372 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 43 active listings in 55372, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55372 currently looks like a balanced market.

Nearby ZIP code market data

Full Prior Lake, MN housing market report →
Run any 55372 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.