Agents in Prior Lake, MN are keeping a close eye on this season's inventory, which has reached a noteworthy 102 active listings at the beginning of January 2026. How will this supply level shape buyer and seller expectations in the weeks ahead? This key figure provides a foundation for understanding the local flow of transactions this winter.
January 2026 Listings and What They Mean for Agents
A look at active listings reveals a market dominated by detached single family homes, totaling 81 out of 102. Attached options, such as townhomes and condos, are still present, offering variety for clients with differing needs. Inventory in Prior Lake, MN remains below long term averages, affirming that competitive conditions persist for buyers, while sellers continue to benefit from high demand.
Driving Forces: Median Price and Days on Market
The median sale price sits at $534,000, showing a 3.8 percent gain compared to last January. Why does this matter? It speaks to the continued value that buyers are willing to invest in local homes and the current confidence in property appreciation for Prior Lake, MN. Meanwhile, the market is moving briskly: the average days on market is down to 31, requiring buyers and their agents to be quick and decisive.
- 102 active listings support sustained energy for January 2026
- Median sale price at $534,000 is up year over year
- Detached single family homes dominate current inventory
Know the Market’s Pulse: January 2026 in Prior Lake, MN
Agents should be ready for fast moving deals and multiple offer scenarios. Seeing 1.7 months of inventory indicates a continued sellers market, limiting the choices for buyers but motivating prompt action. The list to sale price ratio is at 98.1 percent, underscoring sellers' pricing power. These conditions point to tight negotiation windows for any agent guiding clients through the process.
Staying Ahead in the January 2026 Market
Mortgage rates average 6.1 percent for 30 year fixed products, down slightly from December, which may encourage more buyers to enter the search. New listings are coming online, but with so few—just 63 in January so far—agents should prioritize prepping both buyers and sellers to compete strategically in Prior Lake, MN. Helping each client understand how to sell your house fast in Prior Lake, MN is a true service differentiator in today's competitive climate.
Price It Right, Move With Clarity
Get a clear plan from Nick Johnson based on real activity in Prior Lake, MN this January 2026. Let’s discuss timing, pricing, and the market insights that matter most for you.
Spotlight on Local Opportunities
Affordable homes in Prior Lake, MN this January 2026 are most available in the $400,000 to $599,999 range, now representing 34 percent of total inventory. Nick Johnson recommends that clients act promptly on attractive listings to maximize options and value. For those asking, is it a good time to buy in Prior Lake, MN?, the data is positive for well prepared buyers and motivated sellers alike.
This is a key time to use resources like market listings for Prior Lake, MN and how to sell your house fast in Prior Lake, MN to help educate and position clients for success throughout January 2026.
