The story of this market
The typical home in ZIP 56071 sells for about $428,950, or $185 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,360 a month.
ZIP 56071 — New Prague
The housing market in 56071 remains stable with steady demand for single-family homes, driven by its appeal to families and commuters. While inventory remains tight, price growth has moderated compared to previous years, reflecting a balanced market environment.
This ZIP is ideal for families and commuters seeking a suburban lifestyle with high-quality schools and a small-town atmosphere within reach of the Twin Cities.
Median prices moved up 4.2% year over year.
Homes spend a median of 48 days on market with 4.6 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 3.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 56071, Scott County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the New Prague area remain consistently low, with reported incidents significantly below both state and national averages.
The area is served by the New Prague Area Schools district, which maintains a strong reputation for academic performance and student support services.
The region faces moderate risk from severe weather events, including wind and occasional flooding, though standard insurance coverage remains widely available.
Economic momentum is driven by a mix of local manufacturing, retail, and proximity to the Twin Cities employment corridor, with steady residential development.
Property taxes are assessed at the county level in Scott and Le Sueur, with rates determined by local school district levies and municipal budgets.
Residents primarily commute by car to the Twin Cities metro area, with typical drive times ranging from 45 to 60 minutes depending on the destination.
The area features numerous local parks, the Cedar Lake regional trail system, and proximity to several golf courses and community shopping centers.
The rental market is characterized by low vacancy rates and moderate rent growth, with limited short-term rental inventory.
The local economy is supported by a diverse base of manufacturing, healthcare, and retail services, with many residents employed in the broader Minneapolis-St. Paul metro area.
Transportation is primarily highway-dependent, with MN-13 and MN-19 serving as the main corridors for regional access.
Development plans focus on expanding residential infrastructure and improving local road connectivity to support population growth.
Property assessments are conducted by the county assessor's office based on market value and state-mandated classification rates.
Parcels are subject to school district levies and local municipal taxes, with some areas potentially impacted by watershed district assessments.
Property insurance premiums are stable, though homeowners should account for standard coverage against wind and hail common in the region.
Minnesota has seen modest net domestic migration, with suburban areas like New Prague attracting families from the urban core.
Minnesota is a judicial foreclosure state, requiring court proceedings to finalize the foreclosure process.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property at the time of sale.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Valleyfair4.218.8 mi
- Scream Town4.618.8 mi
- Chuck E. Cheese419.1 mi
- Big Air Burnsville4.619.5 mi
- Escapology Escape Rooms Burnsville4.919.1 mi
- Canterbury Park4.518 mi
- Minnesota Renaissance Festival4.514.6 mi
- Chaska Community Center4.419 mi
- Buck Hill4.318.3 mi
- Elko Speedway & Drive-in Theater4.610.6 mi
- Elko Speedway & Drive-in Theater4.610.6 mi
- Ridges At Sand Creek4.47.8 mi
- Cleary Lake Regional Park4.712.6 mi
- Thomas Ryan Memorial Park4.612.4 mi
- Cedar Lake Farm Regional Park4.72.9 mi
- The Landing - MN River Heritage Park4.718.8 mi
- Hoċokata Ṫi4.916.1 mi
- Shakopee Mdewakanton Sioux Community Wacipi Grounds4.814.4 mi
- Northfield Historical Society4.619.5 mi
- Cleary Lake Regional Park4.712.6 mi
- Minneapolis Southwest KOA Holiday412.3 mi
- Thomas Ryan Memorial Park4.612.4 mi
- Cedar Lake Farm Regional Park4.72.9 mi
- Minnesota Valley State Recreation Area4.411.8 mi
- Knotty Oar Marina4.713.8 mi
- Your Boat Club Prior Lake4.716.3 mi
- Ridges At Sand Creek4.47.8 mi
- Willingers Golf Club4.711.2 mi
- Montgomery National Golf Club4.56 mi
- Creeksbend Golf Course3.92.6 mi
- Hy-Vee Grocery Store4.11.2 mi
- Minneapolis-Saint Paul International Airport4.429.1 mi
- Shoyu3.729 mi
- Mimosa329 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features sports fields and picnic areas.
Public 18-hole course serving the local community.
Popular for fishing and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.