Norwood Young America home prices fall in April 2017

Norwood Young America home prices fall in April 2017
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The median sale price of a home sold in April 2017 in Norwood Young America fell by $28,950 while total sales decreased by 37.5%, according to BlockShopper.com.

In April 2017, there were five homes sold, with a median sale price of $175,000 – a 14.2% decrease over the $203,950 median sale price for the same period of the previous year. There were eight homes sold in Norwood Young America in April 2016.

The median sales tax in Norwood Young America for 2017 was $2,100. In 2016, the median sales tax was $1,958. This marks an increase of 7.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Norwood Young America to other Carver County cities in April 2017:

City Apr. 2017 Home Sales Apr. 2016 Home Sales % change (Total Home Sales) Apr. 2017 Median Sales Price Apr. 2016 Median Sales Price % change (Median Sales Price)
Victoria 22 20 10% $392,000 $392,000 0%
Chanhassen 39 52 -25% $357,500 $328,750 8.7%
Carver 7 12 -41.7% $332,500 $313,125 6.2%
Chaska 42 40 5% $307,500 $254,250 20.9%
Cologne 4 2 100% $285,800 $214,000 33.6%
Watertown 8 6 33.3% $258,500 $169,950 52.1%
Waconia 24 31 -22.6% $229,424.50 $234,900 -2.3%
New Germany 1 2 -50% $225,000 $106,000 112.3%
Mayer 5 8 -37.5% $204,000 $231,500 -11.9%
Norwood Young America 5 8 -37.5% $175,000 $203,950 -14.2%
Hamburg 0 1 -100% $0 $186,000 -100%


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