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Saturday, March 15, 2025

Pricing for the median home in Norwood Young America increased during the second half of 2021

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The median sale price of a home sold in the second half of 2021 in Norwood Young America rose by $39,750 while total sales decreased by 10.8%, according to BlockShopper.com.

From July through December of 2021, there were 33 homes sold, with a median sale price of $250,000 - a 18.9% increase over the $210,250 median sale price for the same period of the previous year. There were 37 homes sold in Norwood Young America in the second half 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 half of 2021.

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

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Victoria907126.8%$582,500$535,0008.9%
Chanhassen26918446.2%$440,000$385,00014.3%
Carver4344-2.3%$425,000$368,45015.3%
Waconia1281224.9%$373,250$329,00013.4%
Chaska23316144.7%$350,000$299,90016.7%
Cologne29277.4%$350,000$295,00018.6%
Mayer1421-33.3%$318,050$293,0008.5%
Watertown583565.7%$304,950$283,0007.8%
Hamburg35-40%$262,500$240,0009.4%
Norwood Young America3337-10.8%$250,000$210,25018.9%
New Germany412-66.7%$199,905$230,950-13.4%

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