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Minnesota State Wire

Sunday, September 14, 2025

May 2021: Home prices in Norwood Young America increased

Webp realestate5

The median sale price of a home sold in May 2021 in Norwood Young America rose by $8,750 while total sales decreased by 60%, according to BlockShopper.com.

In May 2021, there were four homes sold, with a median sale price of $245,000 - a 3.7% increase over the $236,250 median sale price for the same period of the previous year. There were 10 homes sold in Norwood Young America in May 2020.

The median sales tax in Norwood Young America for the most recent year with available data, 2019, was $2,356, approximately 1% of the median home sale price for May 2021.

The following table compares Norwood Young America to other Carver County cities in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Victoria11757.1%$520,000$560,000-7.1%
Carver58-37.5%$500,000$345,75044.6%
Chanhassen25238.7%$415,000$349,90018.6%
Mayer47-42.9%$304,000$320,000-5%
Waconia1422-36.4%$298,500$304,250-1.9%
Watertown8633.3%$295,000$248,75018.6%
Chaska24240%$281,500$281,950-0.2%
New Germany30-$280,000$0-
Norwood Young America410-60%$245,000$236,2503.7%
Hamburg00-$0$0-
Cologne03-100%$0$271,000-100%

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