In June 2019, there were seven homes sold, with a median sale price of $220,000 - a 8.6% increase over the $202,500 median sale price for the same period of the previous year. There were 16 homes sold in Norwood Young America in June 2018.
The median sales tax in Norwood Young America for 2019 was $2,356. In 2018, the median sales tax was $2,240. This marks an increase of 5.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.
The following table compares Norwood Young America to other Carver County cities in June 2019:
| City | June 2019 Home Sales | June 2018 Home Sales | % change (Total Home Sales) | June 2019 Median Sales Price | June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Victoria | 20 | 16 | 25% | $497,500 | $393,750 | 26.3% |
| Chanhassen | 66 | 45 | 46.7% | $387,500 | $325,000 | 19.2% |
| Carver | 14 | 10 | 40% | $349,825 | $322,391.50 | 8.5% |
| Cologne | 10 | 4 | 150% | $347,000 | $277,500 | 25% |
| Chaska | 60 | 35 | 71.4% | $332,500 | $290,000 | 14.7% |
| Waconia | 31 | 28 | 10.7% | $290,000 | $317,250 | -8.6% |
| Watertown | 13 | 3 | 333.3% | $283,500 | $273,200 | 3.8% |
| Mayer | 6 | 4 | 50% | $279,000 | $305,000 | -8.5% |
| New Germany | 2 | 0 | - | $220,000 | $0 | - |
| Norwood Young America | 7 | 16 | -56.3% | $220,000 | $202,500 | 8.6% |
| Hamburg | 0 | 1 | -100% | $0 | $118,500 | -100% |
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