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Monday, November 25, 2024

Rising home prices in Norwood Young America in January 2021

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The median sale price of a home sold in January 2021 in Norwood Young America rose by $122,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2021, there were two homes sold, with a median sale price of $267,500 - a 84.5% increase over the $145,000 median sale price for the same period of the previous year. There were three homes sold in Norwood Young America in January 2020.

The median sales tax in Norwood Young America for the most recent year with available data, 2019, was $2,356, approximately 0.9% of the median home sale price for January 2021.

The following table compares Norwood Young America to other Carver County cities in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Cologne10-$705,000$0-
Victoria34-25%$570,000$293,25094.4%
Chanhassen1420-30%$505,000$296,00070.6%
Mayer12-50%$350,000$268,00030.6%
Chaska1326-50%$305,000$270,00013%
Carver220%$282,500$281,638.500.3%
Norwood Young America23-33.3%$267,500$145,00084.5%
Waconia813-38.5%$252,500$326,500-22.7%
Watertown31200%$190,000$264,950-28.3%
Hamburg01-100%$0$221,500-100%
New Germany00-$0$0-

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