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Saturday, September 21, 2024

Norwood Young America home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Norwood Young America rose by $22,400 while total sales increased by 33.3%, according to BlockShopper.com.

In November 2018, there were eight homes sold, with a median sale price of $182,400 - a 14% increase over the $160,000 median sale price for the same period of the previous year. There were six homes sold in Norwood Young America in November 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 November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Victoria1014-28.6%$412,500$365,00013%
Chanhassen3638-5.3%$397,450$318,75024.7%
Carver7616.7%$335,838$322,5004.1%
Cologne61500%$328,000$454,900-27.9%
Mayer62200%$279,400$210,65032.6%
Waconia1819-5.3%$266,367$307,500-13.4%
Watertown225340%$252,000$185,00036.2%
Chaska2831-9.7%$231,500$259,900-10.9%
Norwood Young America8633.3%$182,400$160,00014%
New Germany51400%$177,500$179,900-1.3%
Hamburg110%$154,999$303,000-48.8%

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