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Minnesota State Wire

Wednesday, November 6, 2024

How did home prices perform in New Prague during the third quarter of 2021?

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The median sale price of a home sold in the third quarter of 2021 in New Prague rose by $57,550 while total sales decreased by 25%, according to BlockShopper.com.

From July through September of 2021, there were 18 homes sold, with a median sale price of $335,000 - a 20.7% increase over the $277,450 median sale price for the same period of the previous year. There were 24 homes sold in New Prague in the third quarter of 2020.

The median sales tax in New Prague for the most recent year with available data, 2019, was $3,022, approximately 0.9% of the median home sale price for the third quarter of 2021.

The following table compares New Prague to other Scott County cities in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Elko New Market2026-23.1%$385,000$352,9509.1%
Prior Lake15614011.4%$385,000$360,0006.9%
Savage1391279.4%$380,000$350,0008.6%
Jordan24240%$345,808$373,950-7.5%
New Prague1824-25%$335,000$277,45020.7%
Shakopee1831764%$316,000$280,00012.9%
Belle Plaine35329.4%$300,000$267,50012.1%

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