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Featured local agent — Prague, NE
Sarah Mitchell
Compass Real Estate · Prague, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Prague, NE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$201,067median sale price
How is the Prague, NE housing market right now?
The median home sale price in Prague, NE is $201,067. Homes sell in an average of 57 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Prague a buyer's or seller's market?
Prague, NE is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 57 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
57
Average pace
Active listings
1
1.0 months supply
Sale-to-list
114.9%
Above asking
What does the Prague housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $201,067 |
| Average days on market | 57 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 114.9% |
| Median price per sq ft | $108/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Prague by property type?
How the Prague, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $201,067 | $108/sq ft | 1 | 57 days |
Source: Redfin · Updated monthly
The Prague housing market is currently classified as a strong seller's market with a median sale price of $201,067. Prices have fallen 0.0% compared to last year, with homes spending an average of 57 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Prague
There are currently 1 homes listed for sale in Prague, Nebraska.
Active listings
1
Homes on market
Avg. days on market
57
Days until sale
Who lives in Prague?
Population
366
Median income
$92,857/yr
Median age
40.5 years
Owner-occupied
87.8%
College grads
17.1%
Avg commute
33.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Prague?
Zillow home value
$294,025
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Prague?
Prague is a community of approximately 0K residents with a median age of 40.5 years.The median household income is $92,857, which reflects a relatively affluent area with strong earning potential. 17.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 87.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Prague offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Prague, NE?
Want a head-to-head view? Compare Prague side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Prague?
The median home sale price in Prague is $201,067, down 0.0% from last year.
How long do homes stay on market in Prague?
Homes typically spend 57 days on market before going under contract.
What is the median income in Prague?
The median household income is $92,857 per year.
Is Prague a buyer's or seller's market?
With 1.0 months of supply, Prague is currently a strong seller's market.
What is the Zillow home value estimate for Prague?
The Zillow Home Value Index (ZHVI) for Prague is $294,025, representing the typical home value in the area.
How much does a single-family home cost in Prague?
The median single-family home price in Prague, NE is $201,067 (about $108 per square foot).
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