Housing in New Prague, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$240,000
Median List Price
$369,000
Price Per Sq Ft
$186
Days on Market
84
Active Inventory
16
Months of Supply
3.2
Seller's market
Zillow Home Value
$342,468
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.0%
Off Market in 2 Weeks
14.3%
Sale-to-List Ratio
96.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
9
Pending Sales
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$186
Median List $/SF
$172
New Prague vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. New Prague is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$323,500
Median Rent
$1,198
Total Housing Units
3,095
Vacancy Rate
3.9%
Owner Occupied
77.4%
Renter Occupied
22.6%
Median Property Tax
$3,593
per year
Monthly Cost (w/ Mortgage)
$1,825
Housing Types
The current median sale price in New Prague, MN is $240,000 according to Redfin data. Homes spend a median of 84 days on the market. 20.0% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $186. The median rent is $1,198 per month (Census ACS). About 77.4% of housing units are owner-occupied. The median year homes were built is 1993. There are 3,095 total housing units.