Prior Lake Real Estate Market | November 2025

by Arne Johansson

🏡 Prior Lake Real Estate Market Update – November 2025

The Prior Lake market is entering a very active late fall season — far more movement than we typically see this time of year.

Here’s what I’m seeing right now:

📉 Interest Rates Dropped — Buyers Are Back
With interest rates falling to their lowest point in nearly three years, more buyers are re-entering the market. Many of them have been waiting on the sidelines, and now that payments are several hundred dollars lower than earlier this year, they’re actively shopping again — especially first-time buyers and move-up buyers.

📈 More Sellers Finally Listing
We’re seeing a slight but meaningful increase in new listings — especially from homeowners who have been waiting to move until rates came back down. This means there are more quality opportunities — including lake homes, single-family homes built after the 1990s, and well-maintained properties in school-friendly neighborhoods.

🌊 Lake Properties Still in High Demand
Homes near Prior Lake, Spring Lake, and along popular recreational areas are still getting strong attention. Well-priced listings with lake access, updated interiors, or move-in ready condition are selling quickly — some within the first week.

🏙️ Why Buyers Are Choosing Prior Lake

  • Newer housing stock compared to Minneapolis/St. Paul

  • Strong schools and community amenities

  • Lower property taxes than many core urban neighborhoods

  • Access to lakes, parks, and trails

  • Easy commute to the Twin Cities and MSP Airport

📍 Thinking About Buying or Selling?
If you're considering a move in Prior Lake — whether you're looking to get on the lake, sell this winter, or just want to know what your home is worth — feel free to reach out. No pressure. I’m always happy to help with market data, pricing strategies, or private showings.


Would you like me to:
✅ Add hashtags and keywords for SEO?
✅ Repurpose this into a Facebook/Instagram caption or email newsletter?
✅ Create multiple weekly Google posts for November?

Just let me know — I’ll take care of it.

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