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Wednesday, September 10, 2025

Q2: Home prices in Norwood Young America fell

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The median sale price of a home sold in the second quarter of 2022 in Norwood Young America fell by $5,000 while total sales decreased by 11.8 percent, according to BlockShopper.com.

From April through June, there were 15 homes sold, with a median sale price of $250,000 - a two percent decrease from the $255,000 median sale price for the same period of the previous year. There were 17 homes sold in Norwood Young America in the second quarter of 2021.

The median sales tax in Norwood Young America for the most recent year with available data, 2019, was $2,356, approximately 0.9 percent of the median home sale price for the second quarter of 2022.

The following table compares Norwood Young America 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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