Prague, NE has an impressive housing market with a median value of $223,600. This is substantially lower than the US house median value of $338,100. Despite the difference in median values, Prague still demonstrates significant appreciation in their housing market, with a 1 year appreciation rate of 9.63%, which is higher than the national average of 8.27%. This makes Prague an ideal place for potential homeowners who are looking to invest in real estate and gain from the positive appreciation rates that it offers.
The median home cost in Prague is $223,600. Home appreciation the last 10 years has been 83.7%. Home Appreciation in Prague is up 16.0%.
Average Age of Homes
- The median age of Prague real estate is 78 years old
The Rental Market in Prague
- Renters make up 19.9% of the Prague population
- 0.0% of houses and apartments in Prague, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.