Compare cities · September 2026
New Prague vs. Prior Lake
Homes in Prior Lake sold for a median $500,000 over the 12 months through September 2026, 28% more than in New Prague ($390,000). Homes sold faster in Prior Lake: 62 days on market on average, against 66 in New Prague. Prior Lake is closer to downtown Minneapolis: about 36 minutes by car, against 60. The two are about 14 miles apart, roughly a 28-minute drive.
Housing market, 12 months through September 2026
| Measure | New Prague | Prior Lake |
|---|---|---|
| Median sale price | $390,000 | $500,000 |
| Change from a year earlier | −1.3% | +2.3% |
| Homes sold | 127 | 423 |
| Days on market | 66 | 62 |
| Share of original list price | 97.0% | 97.2% |
| Price per square foot | $184 | $228 |
| New listings | 198 | 636 |
| Homes for sale (September 2026) | 38 | 131 |
| Months of supply (September 2026) | 3.7 | 3.8 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | New Prague | Prior Lake |
|---|---|---|
| Median home value (owner estimate) | $350,500 | $450,700 |
| Median year built | 1994 | 1998 |
| Single-family homesShare of all housing units, detached houses | 86% | 87% |
| Owner-occupied homes | 77% | 86% |
| Median rent | $1,389 | $1,654 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | New Prague | Prior Lake |
|---|---|---|
| Population (2024) | 8,235 | 28,018 |
| Land area | 3.9 sq mi | 16.3 sq mi |
| Drive to Downtown Minneapolis | 60 min | 36 min |
| Drive to Downtown Saint Paul | 61 min | 42 min |
| Drive to MSP Airport | 56 min | 31 min |
| Drive to Mall of America | 51 min | 28 min |
| Drive to University of Minnesota | 63 min | 39 min |
| Average commute to work | 24.3 min | 24.7 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 0 | 10 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
New Prague
School districts: New Prague Area Schools
Prior Lake
School districts: Prior Lake-Savage Area Schools, Shakopee Public School District
Largest lakes: Lower Prior Lake (956 acres), Spring Lake (592 acres), Upper Prior Lake (386 acres), Campbell Lake (62 acres), Howard Lake (61 acres)
How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.
Quick answers
New Prague or Prior Lake?
Is New Prague or Prior Lake more expensive?
Prior Lake. The median sale price was $500,000 there and $390,000 in New Prague over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.
Where do homes sell faster, New Prague or Prior Lake?
Prior Lake: 62 days on market on average against 66, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
Prior Lake, about 36 minutes by car in light traffic (60 from New Prague). To downtown Saint Paul: 61 minutes from New Prague, 42 from Prior Lake.
How far apart are New Prague and Prior Lake?
About 14 miles in a straight line between their centers, or roughly 28 minutes by car.
Which has more lakes, New Prague or Prior Lake?
Prior Lake has more: 0 lakes of 10+ acres touch New Prague and 10 touch Prior Lake (largest: Lower Prior Lake), by Minnesota DNR lake outlines.
Which school districts serve New Prague and Prior Lake?
New Prague: New Prague Area Schools. Prior Lake: Prior Lake-Savage Area Schools and Shakopee Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.
Should I buy in New Prague or Prior Lake?
It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.
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Deciding between them?
See homes in New Prague and Prior Lake.
A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.