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Saturday, September 21, 2024

Waconia home prices rise in the second half of 2018

Realestate4

The median sale price of a home sold in the second half of 2018 in Waconia rose by $18,250 while total sales increased by 22.3%, according to BlockShopper.com.

From July through December of 2018, there were 159 homes sold, with a median sale price of $283,000 - a 6.9% increase over the $264,750 median sale price for the same period of the previous year. There were 130 homes sold in Waconia in the second half of 2017.

The median sales tax in Waconia for 2018 was $3,326. In 2017, the median sales tax was $3,172. This marks an increase of 4.9%. 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 Waconia to other Carver County cities in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Victoria8689-3.4%$407,950$407,9000%
Chanhassen27624313.6%$342,500$328,0004.4%
Carver605215.4%$336,519$335,5000.3%
Cologne301687.5%$298,250$228,50030.5%
Waconia15913022.3%$283,000$264,7506.9%
Mayer2127-22.2%$273,900$247,00010.9%
Chaska25120323.6%$269,100$254,9005.6%
Watertown634346.5%$252,000$224,50012.2%
Norwood Young America4751-7.8%$199,000$210,000-5.2%
New Germany660%$180,250$172,0004.8%
Hamburg660%$152,249.50$168,250-9.5%

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