From January through December of 2019, there were 16 homes sold, with a median sale price of $202,500 - a 13.5% increase over the $178,400 median sale price for the previous year. There were 15 homes sold in New Germany in 2018.
The median sales tax in New Germany for 2019 was $3,234. In 2018, the median sales tax was $2,706. This marks an increase of 19.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares New Germany to other Carver County cities in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Victoria | 153 | 186 | -17.7% | $455,000 | $430,000 | 5.8% |
| Chanhassen | 499 | 536 | -6.9% | $369,000 | $338,750 | 8.9% |
| Carver | 90 | 113 | -20.4% | $338,500 | $329,500 | 2.7% |
| Cologne | 52 | 63 | -17.5% | $298,950 | $279,900 | 6.8% |
| Waconia | 224 | 296 | -24.3% | $295,500 | $285,450 | 3.5% |
| Chaska | 426 | 467 | -8.8% | $291,000 | $261,000 | 11.5% |
| Mayer | 39 | 45 | -13.3% | $275,000 | $268,000 | 2.6% |
| Watertown | 75 | 102 | -26.5% | $241,000 | $252,675 | -4.6% |
| Norwood Young America | 63 | 92 | -31.5% | $210,000 | $193,950 | 8.3% |
| New Germany | 16 | 15 | 6.7% | $202,500 | $178,400 | 13.5% |
| Hamburg | 14 | 8 | 75% | $169,250 | $149,700 | 13.1% |
Alerts Sign-up