
New Prague, MN Housing Market
$354,219
1.7% 1-yrThe average New Prague, MN home value is $354,219, up 1.7% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
New Prague Key Takeaways
Typical Home Values: $354,219
1-Year Value Change: +1.7%
(Data through August 31, 2026)
New Prague Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in New Prague
- NameMedian ZHVI
- Old Town$359,640
- Redwood$360,174
- Galaxie Commons$278,579
- Downtown$369,321
- Alimagnet$430,500
- Johnny Cake$377,181
- Industrial District$527,003
- Zoo$476,611
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
New Prague Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in New Prague, MN?
The median home value in New Prague, MN is $354,219 as of August 2026. This represents a 0.1% increase compared to last month and a 1.7% increase year-over-year.
How have home values changed in New Prague, MN?
Home values in New Prague, MN have increased by 0.1% month-over-month and 1.7% year-over-year.
How do home values in New Prague, MN compare to Scott County, Minnesota, and the national average?
The median home value in New Prague, MN ($354,219) compares to: Scott County ($443,102), Minnesota ($350,752), and the U.S. national median ($368,697).

