New Prague, MN Real Estate
According to census data in the year 2000 there were 1,717 housing units in New Prague.
This represents a 22.8% growth from 1,398 in 1990.
Of those housing units, 1,715 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.
Homeownership rate in New Prague is about 75.6%.
New Prague's vacancy rate, including seasonal lodging, is about 2.1%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in New Prague were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 9.90% |
| Two Bedrooms | 30.10% |
| Three Bedrooms | 37.70% |
| Four Bedrooms | 19.30% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $120,300 |
| Median Price asked for vacant units | $127,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.90% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 42.40% |
| Debt Free | 36.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
