New Prague, Minnesota.
Typical home $352,600 (+1.6% in a year), asking rent $1,418 . Minneapolis-St. Paul-Bloomington, MN-WI metro.
to buy the typical home at today's mortgage rate — +$912 (+97%) since Jan 2020.
- 1 year
- Up $5,680 +2%
- $346,919$352,600 since Sep 2025
- 5 years
- Up $42,630 +14%
- $309,970$352,600 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New Prague$1,851
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 27 years.
Typical home values in New Prague, MN rose 1.6% over the past year — faster than the nation's +1.2%.
Living in New Prague, Scott County, Minnesota
New Prague is a city of 8,162 people in Scott County. Half its households earn more than $94,539 a year and half less, against $119,314 across Scott County; 3% of its people live below the poverty line. 77% of its homes are lived in by their owners and 23% are rented. Unemployment in Scott County was 4.2% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. New Prague is a small city in Scott County, with a median age a little younger than much of the country. Most homes are lived in by their owners, and fewer residents live below the poverty line than you might expect. Household incomes run below the county's as a whole, and winters are cold, with plenty of snow, while summers are warm.
Work. Many residents work in schools, hospitals and social care, with shops, manufacturing, and restaurants and hotels also employing many people. Among the largest workplaces in town are New Prague Area Schools, the City of New Prague and Praha Village. A typical commute is of moderate length, and some people work from home.
Things to do. For time on the water, Cedar Lake, Lake Sanborn and Lake Pepin are all lakes a short drive away. Lake Minnetonka is another lake, and the Minnesota Zoo is a zoo, both a longer drive away.
Report a mistake
- 3,023households
- 32%of adults have a degree
- 3%below the poverty line
- 24 mintypical commute
- 11%work from home
What residents work in
Employed residents by industry, from the Census survey. Scott County had 63,836 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 22° and lows near 5°; warmest in July, with highs near 81° and lows near 61°. About 40 inches of snow and 33 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Jordan 1SSW weather station, 8 miles away (NOAA).
Largest workplaces in New Prague
- New Prague Area SchoolsSchool district559FTE
- New PragueGeneral medical and surgical hospitals247
- City of New PraguePublic safety statistics centers, government101
- Cassia ServicesHomes for the aged with nursing care75
- Jeff Belzer New Prague ChevroletAutomobile dealers, new only or new and used73
- Jeff Belzer New Prague FordAutomobile dealers, new only or new and used73
- Monarch Healthcare ManagementSkilled nursing facilities63
- CVF MotorsportsAssembly line rebuilding of automotive and truck gasoline engines60
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 1,436 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- TornadoesVery high
- HailRelatively high
- Cold wavesRelatively high
- Inland floodingRelatively high
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in New Prague’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Scott County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.
New Prague home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- New Prague$352,600
- Minnesota$348,778
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 New Prague listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- New Prague29.84%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- New Prague32
New listings per month
Sellers arriving at the market.
- New Prague10
Zip codes with a New Prague address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls New Prague — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.