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Saturday, September 21, 2024

Norwood Young America home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Norwood Young America fell by $450 while total sales decreased by 28.6%, according to BlockShopper.com.

In August 2018, there were 10 homes sold, with a median sale price of $206,000 - a 0.2% decrease over the $206,450 median sale price for the same period of the previous year. There were 14 homes sold in Norwood Young America in August 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 1.1%.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Victoria201811.1%$435,000$441,000-1.4%
Carver11837.5%$389,900$340,00014.7%
Waconia322339.1%$328,750$264,00024.5%
Chanhassen624731.9%$328,700$329,400-0.2%
Cologne50-$274,900$0-
Watertown126100%$251,000$244,9002.5%
Mayer25-60%$245,825$247,000-0.5%
Chaska645125.5%$243,950$308,000-20.8%
Norwood Young America1014-28.6%$206,000$206,450-0.2%
Hamburg20-$132,750$0-
New Germany00-$0$0-

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