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Minnesota State Wire

Sunday, December 22, 2024

Pricing for the median home in New Prague increased during March 2022

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The median sale price of a home sold in March 2022 in New Prague rose by $51,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In March 2022, there were five homes sold, with a median sale price of $266,000 - a 23.7% increase over the $215,000 median sale price for the same period of the previous year. There were five homes sold in New Prague in March 2021, as well.

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 March 2022.

The following table compares New Prague to other Scott County cities in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Elko New Market31200%$400,000$357,10012%
Jordan8633.3%$380,000$265,75043%
Savage26254%$378,750$337,00012.4%
Shakopee3743-14%$333,000$265,00025.7%
Prior Lake291952.6%$330,000$293,60012.4%
Belle Plaine8714.3%$312,500$265,00017.9%
New Prague550%$266,000$215,00023.7%

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