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Saturday, September 21, 2024

How did home prices perform in Hamburg during Q2?

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The median sale price of a home sold in the second quarter of 2022 in Hamburg rose by $138,750 while total sales decreased by 33.3 percent, according to BlockShopper.com.

From April through June, there were two homes sold, with a median sale price of $443,750 - a 45.5 percent increase over the $305,000 median sale price for the same period of the previous year. There were three homes sold in Hamburg in the second quarter of 2021.

The median sales tax in Hamburg for the most recent year with available data, 2019, was $2,648, approximately 0.6 percent of the median home sale price for the second quarter of 2022.

The following table compares Hamburg to other Carver County cities in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Victoria493828.9$635,000$512,55023.9
Chanhassen1121101.8$450,000$452,500-0.6
Hamburg23-33.3$443,750$305,00045.5
Carver252213.6$409,000$357,50014.4
Chaska119120-0.8$402,500$343,00017.3
Waconia6065-7.7$392,450$342,50014.6
Cologne660$385,750$305,50026.3
Mayer910-10$355,000$327,5008.4
Watertown2233-33.3$337,400$290,00016.3
New Germany37-57.1$250,000$289,900-13.8
Norwood Young America1517-11.8$250,000$255,000-2

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