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Saturday, September 21, 2024

The second quarter of 2021: Home prices in Norwood Young America increased

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The median sale price of a home sold in the second quarter of 2021 in Norwood Young America rose by $37,000 while total sales decreased by 43.5%, according to BlockShopper.com.

From April through June of 2021, there were 13 homes sold, with a median sale price of $255,000 - a 17% increase over the $218,000 median sale price for the same period of the previous year. There were 23 homes sold in Norwood Young America in the second quarter of 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 the second quarter of 2021.

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

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Victoria32320%$512,550$452,50013.3%
Chanhassen98917.7%$442,000$385,00014.8%
Carver1924-20.8%$365,000$350,2504.2%
Chaska1089118.7%$335,775$290,00015.8%
Mayer917-47.1%$328,000$299,9009.4%
Waconia6074-18.9%$327,444$293,25011.7%
Cologne69-33.3%$305,500$290,0005.3%
Hamburg3250%$305,000$218,50039.6%
Watertown252119%$290,000$281,6553%
New Germany62200%$284,950$229,75024%
Norwood Young America1323-43.5%$255,000$218,00017%

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