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Minnesota State Wire

Friday, September 12, 2025

New Prague home prices rise in the first quarter of 2020

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Adobe Stock

The median sale price of a home sold in the first quarter of 2020 in New Prague rose by $31,500 while total sales decreased by 30.4%, according to BlockShopper.com.

From January through March of 2020, there were 16 homes sold, with a median sale price of $269,000 - a 13.3% increase over the $237,500 median sale price for the same period of the previous year. There were 23 homes sold in New Prague in the first quarter of 2019.

The median sales tax in New Prague for the most recent year with available data, 2019, was $3,022, approximately 1.1% of the median home sale price for the first quarter of 2020.

The following table compares New Prague to other Scott County cities in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Prior Lake79772.6%$330,000$300,5009.8%
Elko New Market1517-11.8%$319,000$303,5005.1%
Savage837215.3%$298,000$287,0003.8%
Jordan1523-34.8%$284,000$228,00024.6%
Shakopee100107-6.5%$278,950$235,29018.6%
New Prague1623-30.4%$269,000$237,50013.3%
Belle Plaine1928-32.1%$235,000$248,000-5.2%

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