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Monday, September 15, 2025

Norwood Young America home prices fall in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Norwood Young America fell by $22,000 while total sales decreased by 46.2%, according to BlockShopper.com.

From January through March of 2020, there were seven homes sold, with a median sale price of $177,000 - a 11.1% decrease over the $199,000 median sale price for the same period of the previous year. There were 13 homes sold in Norwood Young America in the first quarter of 2019.

The median sales tax in Norwood Young America for the most recent year with available data, 2019, was $2,356, approximately 1.3% of the median home sale price for the first quarter of 2020.

The following table compares Norwood Young America to other Carver County cities in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
New Germany16-83.3%$385,000$148,500159.3%
Victoria2024-16.7%$363,500$426,000-14.7%
Chanhassen67100-33%$355,000$422,500-16%
Waconia383315.2%$338,250$280,00020.8%
Carver1215-20%$336,500$265,00027%
Cologne34-25%$289,000$291,000-0.7%
Watertown10100%$285,975$200,50042.6%
Chaska685719.3%$274,000$275,000-0.4%
Mayer8560%$255,742$249,0002.7%
Hamburg34-25%$215,000$132,65062.1%
Norwood Young America713-46.2%$177,000$199,000-11.1%

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