This page includes AI-assisted content reviewed by Mark Gores, Licensed Minnesota Realtor #20486494. Market statistics and trends are based on information from MLS GRID, deemed reliable but not guaranteed.
All information is sourced from the MLS and verified for accuracy.
Living in Prior Lake, Minnesota
Overview
Nestled in the heart of Scott County, Prior Lake, Minnesota, is a vibrant and welcoming community known for its picturesque landscapes and rich local amenities. With a median home price of $500,000 and homes spending an average of 40 days on the market, Prior Lake offers a dynamic real estate scene that continues to attract new residents. The city has recently seen significant developments, including the opening of a new Hy-Vee grocery store and a state-of-the-art Prior Lake Fire Station, enhancing the community's infrastructure and services.
Neighborhoods
Prior Lake is home to several charming neighborhoods, each with its own unique character. Jeffers Pond is known for its family-friendly atmosphere and proximity to Jeffers Pond Elementary School, making it a popular choice for families. The Wilds, a golf community, offers residents stunning views and access to recreational activities, perfect for golf enthusiasts and nature lovers alike. Spring Lake Estates, with its serene lakeside setting, provides a tranquil escape from the hustle and bustle of city life.
Schools & Education
Education is a cornerstone of the Prior Lake community, served by the Prior Lake-Savage Area Schools (ISD 719). The district includes the well-regarded Prior Lake High School, known for its strong academic programs and extracurricular activities. Jeffers Pond Elementary School, situated in the heart of the Jeffers Pond neighborhood, provides a nurturing environment for young learners. The district's commitment to educational excellence ensures that students are well-prepared for future success.
Parks & Recreation
Outdoor enthusiasts will find plenty to love in Prior Lake, with an array of parks and lakes to explore. Lakefront Park is a community favorite, offering scenic trails and picnic areas perfect for family outings. Cleary Lake Regional Park provides a variety of outdoor activities, including hiking, biking, and cross-country skiing. For those looking to relax by the water, Sand Point Beach Park offers a sandy shoreline and swimming opportunities. Each of these parks contributes to the city's commitment to preserving natural beauty and promoting active lifestyles.
Local Events
Prior Lake hosts a variety of annual events that bring the community together. Lakefront Days is a beloved summer festival featuring live music, food vendors, and family-friendly activities. The Prior Lake Rotary's Lakefront Music Fest attracts music lovers from across the region with its impressive lineup of performers. As autumn arrives, the Fall Community Fest showcases local artisans and businesses, celebrating the season with crafts, food, and entertainment.
Real Estate Market
The real estate market in Prior Lake is both competitive and attractive, with a year-over-year change of 3.6% in home prices. Currently, there are 103 active listings, and in the last 90 days, 119 homes have been sold. This dynamic market reflects the city's growing popularity and the demand for housing in this picturesque locale. Whether you're looking for a family home in a quiet neighborhood or a property with stunning lake views, Prior Lake offers diverse options for prospective homeowners.
Commute & Location
Prior Lake's strategic location makes it an ideal choice for commuters. The city is just a 30-minute drive to downtown Minneapolis via I-35W, providing easy access to the Twin Cities' business and cultural hubs. Additionally, downtown St. Paul is a mere 35-minute drive away, offering residents the best of both worlds—peaceful suburban living with proximity to urban amenities. The convenient commute options make Prior Lake a desirable place for those working in the metro area.
Local Insight
As a Twin Cities real estate expert, I've noticed that Prior Lake's appeal lies in its perfect blend of natural beauty and modern conveniences. The recent opening of the new Hy-Vee grocery store and the state-of-the-art fire station are testaments to the city's growth and commitment to enhancing the quality of life for its residents. A local hidden gem that captures the spirit of the community is Edelweiss Bakery, a charming spot known for its delicious pastries and warm hospitality. It's a favorite among locals and a must-visit for anyone new to the area.
Prior Lake, with its strong sense of community, excellent schools, and beautiful surroundings, is more than just a place to live—it's a place to thrive. Whether you're drawn by the vibrant neighborhood life, the scenic parks, or the thriving real estate market, Prior Lake offers something for everyone looking to call this Minnesota gem home.
Frequently Asked Questions
What is the median home price in Prior Lake, MN?
The current median home price in Prior Lake is $500,000. This represents a 3.6% change from last year. Prior Lake offers a range of housing options across its neighborhoods including Jeffers Pond, The Wilds, Spring Lake Estates.
What schools serve Prior Lake residents?
Prior Lake is served by Prior Lake-Savage Area Schools (ISD 719), with Prior Lake High School as the main high school. Elementary options include Jeffers Pond Elementary School. The district is known for its strong academic programs and community involvement.
How long does it take to commute from Prior Lake to Minneapolis or St. Paul?
From Prior Lake, typical commute times are: 32 mins to Downtown Minneapolis (25.5 mi), 36 mins to Downtown St. Paul (33.3 mi). Other key destinations include 24 mins to Mall of America, 26 mins to Minneapolis Airport. These times are based on typical traffic conditions and provide excellent access to the Twin Cities metro area.
How long do homes typically stay on the market in Prior Lake?
Homes in Prior Lake typically sell within 40 days. With 103 active listings and 119 homes sold in the past 90 days, it's a dynamic market that rewards prepared buyers.