2025 Compare Cities Housing:
Prior Lake, MN vs Watertown, SD

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Highlights
- The median age of a home in Prior Lake is 64.0% younger than the median age of a home in Watertown.
 Prior Lake, MNWatertown, SDUnited States
 Median Home Age25  Unlock42
 Median Home Cost  Unlock$254,200$338,100
 Home Appr. Last 12 months11.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock51.6%57.0%
 Home Appr. Last 10 yrs.89.8%  Unlock101.1%
 Property Tax Rate  Unlock$11.8$11.0
 Homes Owned83.7%  Unlock57.4%
 Housing Vacant  Unlock8.4%11.2%
 Homes Rented13.6%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Prior Lake, MNWatertown, SDUnited States
 Average Rent  Unlock$1,200$1,840
 Studio Apartment$1,030  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$680$1,180
 2 Bedroom Home or Apartment$1,450  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,220$1,860
 4 Bedroom Home or Apartment$2,270  Unlock$2,160
 space1
 Vacant Housing
 Prior Lake, MNWatertown, SDUnited States
 Vacant For Rent  Unlock2.1%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold1.0%  Unlock0.4%
 Vacant Vacation  Unlock2.5%3.6%
 Vacant Other0.6%  Unlock4.1%
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 Owner-Occupied Housing Value
 Prior Lake, MNWatertown, SDUnited States
 Less Than $20,000  Unlock4.7%2.6%
 $20,000 to $39,9990.3%  Unlock2.4%
 $40,000 to $59,999  Unlock2.7%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock5.3%4.5%
 $100,000 to $149,9991.9%  Unlock11.3%
 $150,000 to $199,999  Unlock23.8%13.0%
 $200,000 to $299,99927.1%  Unlock20.1%
 $300,000 to $399,999  Unlock9.9%13.6%
 $400,000 to $499,99913.8%  Unlock8.3%
 $500,000 to $749,999  Unlock3.9%9.7%
 $750,000 to $999,9995.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.4%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Prior Lake, MNWatertown, SDUnited States
 2015 and Newer0.3%  Unlock0.2%
 2010 to 2014  Unlock13.9%13.6%
 2000 to 200926.1%  Unlock13.6%
 1990 to 1999  Unlock14.6%13.6%
 1980 to 198916.3%  Unlock13.2%
 1970 to 1979  Unlock16.2%14.8%
 1960 to 196920.5%  Unlock13.6%
 1950 to 1959  Unlock8.8%10.0%
 1940 to 19490.9%  Unlock4.7%
 1939 or Earlier  Unlock15.6%12.2%
Reviews for Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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Reviews for Watertown    5 Reviews

Let me start by saying that I've lived all over the US and spent 3 years in Watertown. On the positive side, Watertown has a lot to offer for a town of 22,000 people.   More

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Many lakes with in driving distances and many public hunting areas but if your looking for the night life its not here this is a small town  More

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Watertown in general has alot of old people, if your in Downtown and watch cars go by it seems as though every other car has a elderly person in it. But apart from all  More

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