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Market Intelligence · NE / Saunders County

Prague, NE home prices and housing market

1 ZIP market liveData updated September 2026Typical value$283K1-yr changeUp3.8%

The typical home value in Prague, NE is $283K as of September 2026, up 3.8% from a year ago, based on the Zillow Home Value Index. In the typical Prague ZIP code, the median list price is $425K and homes spend a median of 61 days on market as of September 2026 (Realtor.com).

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The coverage

Prague, by the numbers.

Typical home valueZillow ZHVI, September 2026
$283K
1-yr changeMedian across Prague ZIPs
+3.8%
ZIP markets live
1
County
Saunders County

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12-month value trend

+3.8% over 12 months

Typical home value in Prague over the last 12 months: $272K in Sep 2025 to $283K in Sep 2026 (+3.8%).

Sep 2025$272K

Sep 2026$283K

Median Zillow home value index across Prague's ZIP codes.

Context

In Prague, NE, the typical home is worth $282,666 as of September 2026, up 3.8% over the past year. The market is tight right now, with only 2 homes for sale. Homes that do list are staying on the market for a median of 61 days, and the median list price sits at $425,000. None of the current listings have seen a price reduction. For homeowners thinking about selling, the limited inventory and lack of price cuts suggest there is some buyer interest, but the longer time on market indicates you should be realistic about pricing and prepared for a patient sales process.

The numbers

What is the housing market like in Prague, NE?

Typical home value

$283K

Up3.8%YoY

Median list price

$425K

Days on market

61

Homes for sale

2

Price cuts

0.0%

New listings

0

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Prague's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Prague, NE home prices over time

Typical home values in Prague, NE are up 3.8% over the past year, from $272K in September 2025 to $283K in September 2026.

Typical home value in Prague, NE, September of each year
MonthTypical value1-yr change
September 2026$282,666+3.8%
September 2025$272,413No prior year

Typical value is the median Zillow Home Value Index across Prague ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Prague, NE a buyer's or seller's market?

Prague, NE leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 61 days on market and 0% of listings with a price cut in the typical Prague ZIP code, and 0 new listings against 2 active listings across Prague, as of September 2026 (Realtor.com).

The outlook

Prague housing market forecast 2027

+3.0%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Prague ZIP code, points to typical home values rising 3.0% by September 2027.

Over the 12 months through September 2026, typical home values in Prague rose 3.8%, per the Zillow Home Value Index.

Will home prices drop in Prague?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Prague shows typical home values rising 3.0% by September 2027, after a 3.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Prague ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Prague?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Prague, NE home prices.

What is a typical home worth in Prague, NE?

The typical home value in Prague, NE is $282,666 as of September 2026, reflecting a 3.8% increase over the past year.

How long do homes stay on the market in Prague, NE?

Homes in Prague, NE have a median days on market of 61, which is a reasonable timeframe but suggests buyers may be taking time to decide.

How many homes are currently for sale in Prague, NE?

As of September 2026, there are only 2 homes for sale in Prague, NE, indicating a very limited inventory.

Are home prices going up or down in Prague, NE?

Typical home values in Prague, NE are up 3.8% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Prague, NE a buyer's or seller's market?

Prague, NE leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 61 days on market and 0% of listings with a price cut in the typical Prague ZIP code, and 0 new listings against 2 active listings across Prague, as of September 2026 (Realtor.com).

Nearby markets

More Nebraska housing markets.

The market is moving

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