Prague, NE housing market
The typical Prague home is worth about $288,000, up 3.9% in a year, close to the Nebraska typical home.
Home values, sales, trends and how Prague compares with the towns next door — updated as new data is published.
Prague at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Prague | Nebraska |
|---|---|---|
| 2017 | $148,000 | $157,000 |
| 2018 | $154,000 | $167,000 |
| 2019 | $164,000 | $176,000 |
| 2020 | $185,000 | $187,000 |
| 2021 | $217,000 | $205,000 |
| 2022 | $235,000 | $227,000 |
| 2023 | $262,000 | $248,000 |
| 2024 | $271,000 | $259,000 |
| 2025 | $277,000 | $270,000 |
| 2026 | $288,000 | $278,000 |
| August 2026 | $288,000 | $281,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Prague in 2025. Over the past 10 years, Prague has permitted 6 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Prague's population fell by 12 even though 8 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Nebraska: 1.8 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $550,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 2 | 2 | 0 | $355,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 2 | 2 | 0 | $392,000 |
| 2018 | 1 | 1 | 0 | $60,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 3 | 3 | 0 | $266,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 1 | 1 | 0 | $59,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $300,000 |
| 2009 | 1 | 1 | 0 | $352,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 1 | 1 | 0 | $170,000 |
| 2006 | 1 | 1 | 0 | $110,000 |
| 2005 | 1 | 1 | 0 | $130,000 |
| 2004 | 1 | 1 | 0 | $70,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,180
HUD's Fair Market Rent for a two-bedroom in Prague is $1,180 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Prague pay a median of $850, so moving in tends to cost more than staying put.
Studio $880 · 4 bedrooms $1,660
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68050; Saunders County, NE HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.