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Saturday, September 21, 2024

April: Norwood Young America experienced a 3.9% drop in median home prices

Realestate3

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Adobe Stock

The median sale price of a home sold in April in Norwood Young America fell by $10,000 while total sales decreased by 14.3 percent, according to BlockShopper.com.

In April, there were six homes sold, with a median sale price of $245,000 - a 3.9 percent decrease from the $255,000 median sale price for the same period of the previous year. There were seven homes sold in Norwood Young America in April 2021.

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

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Hamburg12-50$650,000$335,00094
Victoria10911.1$618,000$402,45053.6
Carver8714.3$465,900$365,00027.6
Cologne14-75$460,000$340,50035.1
Waconia1920-5$437,500$279,50056.5
Chaska3140-22.5$400,000$327,50022.1
Chanhassen2538-34.2$365,000$481,250-24.2
Mayer330$328,000$346,000-5.2
Watertown7540$320,000$395,000-19
New Germany12-50$257,500$180,90342.3
Norwood Young America67-14.3$245,000$255,000-3.9

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