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Minnesota State Wire

Thursday, September 11, 2025

New Prague home prices fall in 2018

Webp realestate2

The median sale price of a home sold in 2018 in New Prague fell by $4,250 while total sales increased by 11.3%, according to BlockShopper.com.

From January through December of 2018, there were 118 homes sold, with a median sale price of $207,500 - a 2% decrease over the $211,750 median sale price for the previous year. There were 106 homes sold in New Prague in 2017.

The median sales tax in New Prague for 2018 was $2,895. In 2017, the median sales tax was $2,730. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares New Prague to other Scott County cities in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Elko New Market1091017.9%$320,000$280,00014.3%
Prior Lake6015617.1%$315,000$275,00014.5%
Savage5515323.6%$283,000$267,1505.9%
Jordan14812914.7%$260,517.50$247,5005.3%
Shakopee8217637.6%$240,000$222,0008.1%
Belle Plaine173212-18.4%$234,900$208,90012.4%
New Prague11810611.3%$207,500$211,750-2%

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