Housing & Real Estate — New Prague, Minnesota
Overview
| Total Housing Units | 3,095 |
|---|
| Occupied | 2,975 |
|---|
| Vacant | 120 |
|---|
| Owner-Occupied | 2,302 |
|---|
| Renter-Occupied | 673 |
|---|
| Median Home Value (Census) | $350,500 |
|---|
| Estimated 2026 | ~$422,000 |
|---|
| Median Rent | $1,198/mo |
|---|
| Median Property Tax | $3,591/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 15.2% |
|---|
| Severely Rent-Burdened | 22.0% |
|---|
Housing Age
| Built 2010 or later | 247 |
|---|
| Built 2000-2009 | 1,071 |
|---|
| Built 1990-1999 | 408 |
|---|
| Built before 1960 | 808 |
|---|
| Median Year Built | 1995 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
