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Saturday, November 23, 2024

Falling home prices in Waconia in May 2021

Realestate3

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Adobe Stock

The median sale price of a home sold in May 2021 in Waconia fell by $5,750 while total sales decreased by 36.4%, according to BlockShopper.com.

In May 2021, there were 14 homes sold, with a median sale price of $298,500 - a 1.9% decrease over the $304,250 median sale price for the same period of the previous year. There were 22 homes sold in Waconia in May 2020.

The median sales tax in Waconia for the most recent year with available data, 2019, was $3,692, approximately 1.2% of the median home sale price for May 2021.

The following table compares Waconia to other Carver County cities in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Victoria11757.1%$520,000$560,000-7.1%
Carver58-37.5%$500,000$345,75044.6%
Chanhassen25238.7%$415,000$349,90018.6%
Mayer47-42.9%$304,000$320,000-5%
Waconia1422-36.4%$298,500$304,250-1.9%
Watertown8633.3%$295,000$248,75018.6%
Chaska24240%$281,500$281,950-0.2%
New Germany30-$280,000$0-
Norwood Young America410-60%$245,000$236,2503.7%
Hamburg00-$0$0-
Cologne03-100%$0$271,000-100%

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