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Saturday, September 21, 2024

Victoria home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Victoria rose by $50 while total sales decreased by 3.4%, according to BlockShopper.com.

From July through December of 2018, there were 86 homes sold, with a median sale price of $407,950 - a 0% increase over the $407,900 median sale price for the same period of the previous year. There were 89 homes sold in Victoria in the second half of 2017.

The median sales tax in Victoria for 2018 was $5,082. In 2017, the median sales tax was $4,808. This marks an increase of 5.7%. 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 Victoria 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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