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Advertise here →New Prague, MN · Market Data
New Prague, Minnesota real estate market data.
Real estate market data for New Prague, MN (Scott County) — Census median home value $323,500, county listing prices roughly flat over the past year.
New Prague, MN is in Scott County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 8,195, with a median household income of $98,424. Census data puts New Prague's median home value at $323,500 (all owner-occupied homes); Scott County's current median listing price runs $547,774, roughly flat over the past year.
At a glance
New Prague market snapshot
Population
8,195
Median Household Income
$98,424
Median Home Value (city)
$323,500
Median Listing Price (Scott County)
$547,774
Median Gross Rent
$1,198/mo
Price Trend (YoY)
-0.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes New Prague different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts New Prague's median home value — across all owner-occupied homes, not just recent sales — at $323,500. Separately, Scott County's current median listing price (via Realtor.com data, 2026-06-01) runs $547,774. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Scott County's FHFA house price index shows a 2.36% annual change in 2025.
Population & Income
New Prague has an estimated population of 8,195 and a median household income of $98,424, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
New Prague's Census-reported median home value works out to about 3.3x the area's median household income, and median gross rent runs roughly 15% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
New Prague FAQ
What are home values like in New Prague, MN?
The Census Bureau's American Community Survey puts New Prague's median home value at $323,500. Scott County's current median listing price runs $547,774, roughly flat over the past year.
What is the population of New Prague, MN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts New Prague's population at approximately 8,195.
What's the median rent in New Prague, MN?
The Census ACS estimates median gross rent in New Prague at approximately $1,198 per month.
What is the median household income in New Prague, MN?
Census ACS data puts the median household income in New Prague at approximately $98,424.
Is the New Prague housing market growing?
Scott County's FHFA house price index shows a 2.36% annual change in 2025.
Is New Prague, MN affordable relative to income?
Census ACS data puts New Prague's median home value at about 3.3 times the median household income, with median gross rent equal to roughly 15% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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