From July through September of 2020, there were 14 homes sold, with a median sale price of $285,008 - a 6.5% increase over the $267,500 median sale price for the same period of the previous year. There were 15 homes sold in Cologne in the third quarter of 2019.
The median sales tax in Cologne for the most recent year with available data, 2019, was $2,916, approximately 1% of the median home sale price for the third quarter of 2020.
The following table compares Cologne to other Carver County cities in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Victoria | 35 | 44 | -20.5% | $570,000 | $437,400 | 30.3% |
| Chanhassen | 100 | 153 | -34.6% | $390,000 | $369,000 | 5.7% |
| Hamburg | 1 | 4 | -75% | $381,000 | $201,500 | 89.1% |
| Carver | 29 | 26 | 11.5% | $369,900 | $372,950 | -0.8% |
| Waconia | 62 | 71 | -12.7% | $325,000 | $295,500 | 10% |
| Chaska | 83 | 162 | -48.8% | $315,000 | $279,750 | 12.6% |
| Mayer | 14 | 10 | 40% | $294,000 | $268,950 | 9.3% |
| Cologne | 14 | 15 | -6.7% | $285,007.50 | $267,500 | 6.5% |
| Watertown | 17 | 23 | -26.1% | $240,000 | $240,000 | 0% |
| New Germany | 8 | 4 | 100% | $221,000 | $235,750 | -6.3% |
| Norwood Young America | 19 | 14 | 35.7% | $200,000 | $202,750 | -1.4% |
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