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Minnesota State Wire

Tuesday, November 5, 2024

New Prague home prices rise in November 2019

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The median sale price of a home sold in November 2019 in New Prague rose by $24,250 while total sales decreased by 20%, according to BlockShopper.com.

In November 2019, there were eight homes sold, with a median sale price of $224,250 - a 12.1% increase over the $200,000 median sale price for the same period of the previous year. There were 10 homes sold in New Prague in November 2018.

The median sales tax in New Prague for 2019 was $3,022. In 2018, the median sales tax was $2,895. This marks an increase of 4.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.

The following table compares New Prague to other Scott County cities in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Elko New Market67-14.3%$378,994$350,0008.3%
Prior Lake4254-22.2%$377,450$304,25024.1%
Savage2343-46.5%$303,000$259,50016.8%
Belle Plaine1516-6.3%$245,000$210,00016.7%
Shakopee4861-21.3%$240,250$234,9002.3%
New Prague810-20%$224,250$200,00012.1%
Jordan318-83.3%$204,900$259,517.50-21%

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