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Wednesday, November 27, 2024

Norwood Young America home prices fall in May 2018

Realestate1

The median sale price of a home sold in May 2018 in Norwood Young America fell by $35,500 while total sales decreased by 50%, according to BlockShopper.com.

In May 2018, there were six homes sold, with a median sale price of $181,000 - a 16.4% decrease over the $216,500 median sale price for the same period of the previous year. There were 12 homes sold in Norwood Young America in May 2017.

The median sales tax in Norwood Young America for 2018 was $2,240. In 2017, the median sales tax was $2,100. This marks an increase of 6.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Norwood Young America to other Carver County cities in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Victoria2022-9.1%$422,000$414,4501.8%
Mayer27-71.4%$341,000$230,00048.3%
Chanhassen554912.2%$340,000$302,50012.4%
Carver14955.6%$311,000$312,500-0.5%
Waconia2339-41%$279,150$259,9007.4%
Cologne35-40%$261,000$211,00023.7%
Watertown316-81.3%$258,000$221,50016.5%
Chaska3249-34.7%$215,000$258,950-17%
New Germany110%$190,600$155,00023%
Norwood Young America612-50%$181,000$216,500-16.4%
Hamburg02-100%$0$152,750-100%

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