Property prices for sale in Prior Lake (Minnesota)

The prices in real estate in Prior Lake, in the Minnesota region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$746,904.33
Average price last 6 months
$232.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Prior Lake has remained the same in the last 6 months. In August, the average price per sq.feet was $234. In the following month the price per sq.feet decreased to $203. In the following two months the price per sq.feet has increased 107 %, going from $218.5 to $233.5 per sq.feet. The price per sq.feet has increased 109 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $226 to $246 during December, and January.

Average price

Based upon to the price in Prior Lake (cities), these have remained the same in the last 6 months. The average price for August is $764,655. During September the price had a considerable reduction till $623,244. During the following two months (October, November) the price has had an average incrementation from $693,949.5 to $739,585. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $841,158 they are 70 % more affordable than the average price for Prior Lake. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at $556,059.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $163 / sq.feet, with an average $250 / sq.feet price in Prior Lake. The properties with the lowest average prices have 3 bedrooms. They are 5 % cheaper than the average followed by properties with 4 bedrooms with a price at $232 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $841,158 it is 79 % cheaper than the average price in Prior Lake. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $390,289 it is 2 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $125 / sq.feet followed by "Condo" priced at $178 / sq.feet. "Land" is the most costly type of property with a $2,337 / sq.feet cost followed by "House" with an average price of $249 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Prior Lake
Number of properties used in region Minnesota
$841,158
$250
3,006
265,470
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value