Comprehensive market data and analysis• Updated Dec 2025
72.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 3 | 4 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | 1 | 1 | 2 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 5 | 8 |
Acreage buckets
The median price for land in New Prague, Minnesota is currently $34K per acre. For a typical parcel, the median sale price is $188K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $131K while premium lots reached $429K.
New Prague, Minnesota is currently a strong buyer's market with 72.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
New Prague, Minnesota currently has 72.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in New Prague, Minnesota typically sells within 395 days of listing. The median time on market is 266 days. Properties are moving slowly in the current strong buyer's market.
There are currently 24 active listings in New Prague, Minnesota. 1 new listings have hit the market in the last 90 days. The median asking price is $178K.
The median land price in New Prague, Minnesota stands at $188K. This translates to roughly $34K per acre for the typical parcel size. The average price is $248K, indicating some higher-priced properties pulling up the average.
Land in New Prague, Minnesota averages $40K per acre. The median price per acre is $34K, which may be more representative of typical transactions. Most parcels sold are around 4.7 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
