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Minnesota State Wire

Sunday, September 14, 2025

Hamburg home prices rise in the second quarter of 2020

Webp re 8

The median sale price of a home sold in the second quarter of 2020 in Hamburg rose by $26,500 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2020, there were two homes sold, with a median sale price of $218,500 - a 13.8% increase over the $192,000 median sale price for the same period of the previous year. There were three homes sold in Hamburg in the second 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 second quarter of 2020.

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

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Victoria2555-54.5%$430,000$484,000-11.2%
Chanhassen79157-49.7%$361,000$350,0003.1%
Carver2130-30%$344,000$328,5004.7%
Mayer1417-17.6%$299,950$283,0006%
Waconia6381-22.2%$299,000$307,500-2.8%
Chaska83128-35.2%$291,000$314,750-7.5%
Watertown2027-25.9%$285,877.50$252,50013.2%
Cologne820-60%$280,500$334,500-16.1%
New Germany24-50%$229,750$202,50013.5%
Hamburg23-33.3%$218,500$192,00013.8%
Norwood Young America23230%$218,000$210,0003.8%

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