In April 2021, there were three homes sold, with a median sale price of $350,000 - a 17.2% increase over the $298,700 median sale price for the same period of the previous year. There were four homes sold in Cologne in April 2020.
The median sales tax in Cologne for the most recent year with available data, 2019, was $2,916, approximately 0.8% of the median home sale price for April 2021.
The following table compares Cologne to other Carver County cities in April 2021:
| City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Victoria | 7 | 7 | 0% | $620,000 | $375,000 | 65.3% |
| Chanhassen | 24 | 31 | -22.6% | $412,250 | $469,000 | -12.1% |
| Watertown | 3 | 10 | -70% | $395,000 | $292,550 | 35% |
| Carver | 5 | 9 | -44.4% | $365,000 | $335,000 | 9% |
| Cologne | 3 | 4 | -25% | $350,000 | $298,700 | 17.2% |
| Chaska | 26 | 38 | -31.6% | $343,000 | $290,500 | 18.1% |
| Hamburg | 2 | 1 | 100% | $335,000 | $230,000 | 45.7% |
| Waconia | 14 | 24 | -41.7% | $269,250 | $289,950 | -7.1% |
| Norwood Young America | 5 | 7 | -28.6% | $255,000 | $218,000 | 17% |
| New Germany | 1 | 2 | -50% | $26,806.97 | $229,750 | -88.3% |
| Mayer | 0 | 2 | -100% | $0 | $342,500 | -100% |
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