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Monday, November 25, 2024

Pricing for the median home in Norwood Young America increased during the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Norwood Young America rose by $49,450 while total sales increased by 11.1%, according to BlockShopper.com.

From January through March of 2021, there were 10 homes sold, with a median sale price of $235,450 - a 26.6% increase over the $186,000 median sale price for the same period of the previous year. There were nine homes sold in Norwood Young America in the first quarter of 2020.

The median sales tax in Norwood Young America for the most recent year with available data, 2019, was $2,356, approximately 1% of the median home sale price for the first quarter of 2021.

The following table compares Norwood Young America to other Carver County cities in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Victoria25238.7%$514,900$365,00041.1%
Chanhassen6372-12.5%$485,000$361,75034.1%
Carver191618.8%$415,000$320,00029.7%
Waconia3541-14.6%$348,000$326,5006.6%
Cologne47-42.9%$342,450$278,72022.9%
Mayer58-37.5%$329,000$255,74228.6%
Hamburg25-60%$314,500$200,00057.3%
Chaska6180-23.8%$288,000$286,1250.7%
Watertown151136.4%$275,000$301,500-8.8%
Norwood Young America10911.1%$235,450$186,00026.6%
New Germany21100%$50,000$385,000-87%

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