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Minnesota State Wire

Wednesday, November 6, 2024

New Prague home prices fall in July 2020

Realestate1

The median sale price of a home sold in July 2020 in New Prague fell by $5,000 while total sales decreased by 30.8%, according to BlockShopper.com.

In July 2020, there were nine homes sold, with a median sale price of $275,000 - a 1.8% decrease over the $280,000 median sale price for the same period of the previous year. There were 13 homes sold in New Prague in July 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 July 2020.

The following table compares New Prague to other Scott County cities in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Jordan815-46.7%$431,000$289,90048.7%
Prior Lake2855-49.1%$398,200$350,00013.8%
Elko New Market111010%$349,900$292,00019.8%
Savage3170-55.7%$325,000$290,00012.1%
Belle Plaine918-50%$288,500$249,40015.7%
New Prague913-30.8%$275,000$280,000-1.8%
Shakopee3983-53%$250,000$260,500-4%

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