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Prior Lake Real Estate

Tucked-away homes on a peaceful lake setting near Thetis Lake

Prior Lake

View Royal

Tucked-away homes on a peaceful lake setting near Thetis Lake
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Median price
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active listings
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avg. day on market
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Prior Lake is a tucked-away View Royal pocket where homes sit on quiet, treed lots within walking distance of Thetis Lake Regional Park. Prior Lake real estate includes mid-century ranchers, updated character homes, and a handful of newer infill builds on larger lots. The trails of Thetis Lake, the Galloping Goose, and proximity to Eagle Creek Village give the area a rural-feeling lifestyle in View Royal. There are 0 homes for sale at a median of $1.20M. Houses sell in 42 days, with prices +14.0% year-over-year. Browse every Prior Lake listing below with sold data and live market stats. Explore the live Prior Lake market dashboard for 24-month price trends, inventory and days-on-market.

Prior Lake

Market Pulse

Live Data
Avg Price per Sqft
Avg. Days on Market
Avg. Sale-to-Assessed Ratio
Avg. Sale-to-List Ratio

Months of Inventory (MOI)

The time it would take to sell all current listings at the current sales pace. Responsive to filters.

— MOI
Seller's (< 4) Balanced (4-6) Buyer's (> 6)
Current Status
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From live data
Sales Volume 12 months
22 Sales · Apr 2025
Monthly Sales Trend
12-month rolling · Updated live
22 Sales · Apr 2025
Median Sale Price 12 months
$1.2M Median · Apr 2025
Median Price Trend
12-month rolling · Updated live
$1.2M Median · Apr 2025
market analysis

How the Prior Lake market is moving

Median sold prices in Prior Lake are down 22.1% compared with a year ago, and homes trade at a median of $516 per square foot. By property type, Prior Lake sees single-family homes around $1.20M, townhomes around $884K. Recently, 17% of sales closed above the asking price, with homes averaging 38 days on market. Sale prices have been running near 104% of BC Assessment value. Sales activity tends to peak around October and is quietest around September, a useful signal for timing a purchase or sale.

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on the market

Active Listings

Browse current properties for sale in this municipality

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Prior Lake

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

by property type

Prior Lake homes by type

Prior Lake Townhomes for Sale

1 for sale
median $884K

Prior Lake townhomes sold prices & stats →
listings

Prior Lake homes for sale & sold prices

The 10 most recent home sales in Prior Lake had a median sold price of $881,115. Sold prices appear once registered with BC Assessment; the rest are free with an 8X account.

1 homes for sale in Prior Lake
10 recent sales in Prior Lake
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questions & answers

Prior Lake real estate FAQ

Is Prior Lake a buyer's or seller's market right now?
Prior Lake is currently a seller's market with 1 months of inventory (MOI). There are 1 active listings and approximately 1 sales in the last 30 days, indicating low inventory favouring sellers. A MOI below 4 indicates a seller's market, 4–6 is balanced, and above 6 is a buyer's market.
What is the median home price in Prior Lake?
The current median home price in Prior Lake is $914K. This is down 22.1% compared to the same period last year. This is based on 29 sales over the past 12 months.
How should I price my home in Prior Lake?
Homes in Prior Lake are currently selling at 98.1% of their list price, with an average of 38 days on market. Homes are selling close to asking price. Pricing at fair market value is recommended for a timely sale. Of recent sales, 17% sold above list price and 62% sold below.
How long do homes take to sell in Prior Lake?
Homes in Prior Lake currently take an average of 38 days to sell, which is at a moderate pace. Pricing, condition, and location all affect individual sale timelines.
What is the price per square foot in Prior Lake?
The median price per square foot in Prior Lake is $516. This metric is useful for comparing value across different property sizes and types.
Are homes in Prior Lake selling above or below assessed value?
Homes in Prior Lake are selling at an average of 104.0% of their BC Assessment value (based on 1 recent sales). Homes are selling above their BC Assessment values, indicating the assessed values have not kept pace with market demand.
How many homes are selling in Prior Lake?
In the last 30 days, 1 homes sold in Prior Lake. Over the past 12 months, 29 properties have sold. There are currently 1 active listings on the market.
Are real estate sales increasing or decreasing in Prior Lake?
Sales volume in Prior Lake has been stable over the last 3 months: Feb 2026 (1 sales), Mar 2026 (1 sales), Apr 2026 (1 sales). Over the full 12-month period, there were 29 total sales.
How many homes, condos, and townhomes are for sale in Prior Lake?
There are currently 1 properties for sale in Prior Lake, including 1 townhomes. Listings are updated daily from the MLS® system.
What is the single family home market like in Prior Lake?
The median single family home price in Prior Lake is $1.20M (+14.0% year-over-year). Houses take an average of 42 days to sell. The median price per square foot is $524.
What is the townhome market like in Prior Lake?
The median townhome price in Prior Lake is $884K. The townhome market is currently a seller's market with 3 months of inventory. Townhomes take an average of 34 days to sell. The median price per square foot is $510. There were 15 townhome sales in the past 12 months.
What homes have recently sold in Prior Lake and for how much?
There have been 29 homes sold in Prior Lake over the past 12 months, with 1 selling in the last 30 days. The median sold price is $914K. Recent median sold prices: Feb 2026: $875K, Mar 2026: $955K, Apr 2026: $851K. View all recently sold properties in Prior Lake with photos, sold prices, and days on market on the 8X Real Estate Prior Lake page.
What houses have recently sold in Prior Lake?
14 houses have sold in Prior Lake over the past 12 months, with 1 selling in the last 30 days. The median sold price for houses is $1.20M (+14.0% year-over-year). Recent median prices: Jan 2026: $749K, Mar 2026: $955K, Apr 2026: $851K.
What townhomes have recently sold in Prior Lake?
15 townhomes have sold in Prior Lake over the past 12 months, with 1 selling in the last 30 days. The median sold price for townhomes is $884K. Recent median prices: Feb 2026: $875K.
1 active listings · Live market data · Last refresh: · Source: Victoria Real Estate Board MLS® via 8X Real Estate
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