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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 Type0.80%
One Bedroom9.90%
Two Bedrooms30.10%
Three Bedrooms37.70%
Four Bedrooms19.30%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1961
Median Value of occupied units$120,300
Median Price asked for vacant units$127,800

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1975
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.90%
Home Equity Loan8.70%
Simple Mortgage42.40%
Debt Free36.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%