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Minnesota State Wire

Friday, September 12, 2025

Hamburg home prices rise in the first quarter of 2020

Webp re 13

The median sale price of a home sold in the first quarter of 2020 in Hamburg rose by $82,350 while total sales decreased by 25%, according to BlockShopper.com.

From January through March of 2020, there were three homes sold, with a median sale price of $215,000 - a 62.1% increase over the $132,650 median sale price for the same period of the previous year. There were four homes sold in Hamburg in the first quarter of 2019.

The median sales tax in Hamburg for the most recent year with available data, 2019, was $2,648, approximately 1.2% of the median home sale price for the first quarter of 2020.

The following table compares Hamburg to other Carver County cities in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
New Germany16-83.3%$385,000$148,500159.3%
Victoria2024-16.7%$363,500$426,000-14.7%
Chanhassen67100-33%$355,000$422,500-16%
Waconia383315.2%$338,250$280,00020.8%
Carver1215-20%$336,500$265,00027%
Cologne34-25%$289,000$291,000-0.7%
Watertown10100%$285,975$200,50042.6%
Chaska685719.3%$274,000$275,000-0.4%
Mayer8560%$255,742$249,0002.7%
Hamburg34-25%$215,000$132,65062.1%
Norwood Young America713-46.2%$177,000$199,000-11.1%

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