Church of St. Wenceslaus-Catholic · Photo: McGhiever · CC BY-SA 4.0110 homes sold in New Prague in the last year, at a typical $365K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Prague homes are listed.
Every place New Prague homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Prague.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 73% of New Prague’s sales, at a typical $404K (year to May 2026)
110 homes sold in the year to September 2026.
typical sale · 84 sold in the year to May 2026
- Per square foot
- $178MN $191
- Days to sell
- 33
- Sold over asking
- 23%
- Listings with a price cut
- 28%
Multi-family (2–4 units): 1 sold, typical $275K
Townhouses: 30 sold, typical $266K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.6 times the 2016 price
110 sales in the last year, against 201 in 2019 and a low of 104 in 2025. The typical sale went from $232K in 2016 to $365K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $350K buys in New Prague
Check a listing against what New Prague homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New Prague are rarer than before the pandemic, but 44% fewer homes come up for sale
We read every month of New Prague’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 110 sales.
If you’re buying in New Prague
- Shop in March. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- Bid near asking. Buyers paid 98.9% of the list price on average; 24% paid over.
- You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 40 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 21 a month), and the most competition: 44% close over asking. March offers nearly as much choice with fewer homes bid up (34%). December has the least competition (23%) but only about 6 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Minnesota as a whole
| New Prague now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 24% | 31% | 51% | 29% |
| Gone within two weeksShare of homes under contract within 14 days | 34% | 39% | 61% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 98.9% | 99.3% | 101.5% | 99% |
| Days to sellMedian days from listing to contract | 40 | 38 | 18 | 38 |
22 homes for sale on a typical day
That’s twice the 2022 low (10), 44% fewer than in 2017–19 and well under 2012’s 71.
New Prague ranks 126th of 165 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New Prague is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New Prague home costs about $2,216 a month
Price: New Prague’s typical sale, last 12 months. Property tax at New Prague’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New Prague is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $365K home, about $3,740 a year.
Taxes vs. neighborsSchools
The schools grade for New Prague, from test results, graduation and how much students grow.
Schools in New PragueTypical commute
The average one-way trip to work for people who live in New Prague.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Le Center sells for less a square foot
The busier markets within 25 miles of New Prague, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Elko New Market | 126 | $455K | $191 | 22% | 58 |
| Jordan | 121 | $440K | $185 | 30% | 63 |
| Belle Plaine | 118 | $350K | $171 | 34% | 30 |
| New Prague | 110 | $365K | $170 | 24% | 40 |
| Montgomery | 87 | $303K | $173 | 23% | 42 |
| Lonsdale | 85 | $380K | $177 | 30% | 30 |
| Le Center | 33 | $245K | $143 | 38% | 39 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New Prague, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Prague. People who follow the town see it, and so do people comparing New Prague with their own town. No commission, no listing fee.
Questions about buying a home in New Prague
What do homes sell for in New Prague, MN?
110 homes sold in the year to September 2026 at a typical $365K, $170 a square foot.
Is New Prague a buyer’s or seller’s market?
A seller’s market: 24 homes were for sale in September 2026 and 11 sold, about 2.1 months of supply. Buyers paid 98.9% of asking on average.
When is the best time to buy in New Prague?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New Prague?
About 1% of a home’s value a year. On a $365K home that’s near $3,740.
Where can I see homes for sale in New Prague?
Zillow, Redfin, Realtor.com and Homes.com all carry New Prague’s MLS listings; the search links above open each one filtered to New Prague.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).