Is Prague, NE 68050 a buyer’s or seller’s market?
Prague is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Prague housing market right now
In the three months ending August 31, 2026, 0% of homes in Prague, NE 68050 sold above their list price, the typical home went under contract in 110 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (18 days then) and the median sale price fell 15% to $224,903. Overall, Prague is less competitive than a year ago, which gives buyers more room.
Within Saunders County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Colon 68018 (100% sold over asking) and Morse Bluff 68648 (100% sold over asking) are even more competitive.
Run the numbers for 68050
Nearby markets
Ashland 68003Seller’s market $185 /sq ftCedar Bluffs 68015Seller’s market $119 /sq ftCeresco 68017Seller’s market $186 /sq ftColon 68018Seller’s market $150 /sq ft Browse all markets →Where Prague is
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Questions about Prague real estate
Is Prague a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Prague, NE 68050 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Prague?
The typical home went under contract in 110 days in the latest three months.
Do homes in Prague sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.8% of the list price.
What are property taxes in Prague?
About 1.30% of a home’s value a year in Saunders County, or roughly $5,200 on a $400,000 home.
What is the median home price in Prague?
The median sale price was $224,903 in the three months ending August 31, 2026, about $179 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology