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Minnesota State Wire

Wednesday, November 6, 2024

Victoria home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Victoria rose by $27,400 while total sales decreased by 20%, according to BlockShopper.com.

From July through September of 2019, there were 44 homes sold, with a median sale price of $437,400 - a 6.7% increase over the $410,000 median sale price for the same period of the previous year. There were 55 homes sold in Victoria in the third quarter of 2018.

The median sales tax in Victoria for 2019 was $5,260. In 2018, the median sales tax was $5,082. This marks an increase of 3.5%. 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 Victoria to other Carver County cities in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Victoria4455-20%$437,400$410,0006.7%
Carver2636-27.8%$372,950$355,0005.1%
Chanhassen153167-8.4%$369,000$327,50012.7%
Waconia7191-22%$295,500$315,000-6.2%
Chaska1621526.6%$279,750$275,0001.7%
Mayer10911.1%$268,950$275,500-2.4%
Cologne1516-6.3%$267,500$334,500-20%
Watertown2326-11.5%$240,000$249,250-3.7%
New Germany41300%$235,750$183,00028.8%
Norwood Young America1428-50%$202,750$197,0002.9%
Hamburg4333.3%$201,500$149,50034.8%

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