New Prague, MN

Leaning buyer's-60.3% YoY

Housing market overview · Updated weekly

$258,900median sale price

Homes sold

6

Last 12 weeks

Days on market

49

Average pace

Active listings

25

4.2 months supply

Sale-to-list

95.3%

Below asking

The New Prague housing market is currently classified as a leaning buyer's with a median sale price of $258,900. Prices have fallen 60.3% compared to last year, with homes spending an average of 49 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in New Prague

There are currently 25 homes listed for sale in New Prague, Minnesota. The median listing price is $384K.

Active listings

25

Homes on market

Median list price

$384K

Avg. days on market

49

Days until sale

New this week

14

Newly listed

Price drops:16.0%of listings
Sale-to-list:95.3%

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Frequently asked questions

What is the average home price in New Prague?

The median home sale price in New Prague is $258,900, down 60.3% from last year.

How long do homes stay on market in New Prague?

Homes typically spend 49 days on market before going under contract.

Is New Prague a buyer's or seller's market?

With 4.2 months of supply, New Prague is currently a leaning buyer's.

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