In July 2021, there were three homes sold, with a median sale price of $230,000 - a 15.6% decrease over the $272,508 median sale price for the same period of the previous year. There were six homes sold in Cologne in July 2020.
The median sales tax in Cologne for the most recent year with available data, 2019, was $2,916, approximately 1.3% of the median home sale price for July 2021.
The following table compares Cologne to other Carver County cities in July 2021:
| City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Victoria | 13 | 10 | 30% | $630,000 | $519,950 | 21.2% |
| Chanhassen | 45 | 36 | 25% | $505,000 | $465,000 | 8.6% |
| Carver | 11 | 6 | 83.3% | $450,000 | $365,950 | 23% |
| Waconia | 27 | 24 | 12.5% | $440,000 | $315,004 | 39.7% |
| Chaska | 40 | 33 | 21.2% | $349,600 | $325,000 | 7.6% |
| Watertown | 6 | 7 | -14.3% | $272,500 | $225,000 | 21.1% |
| Cologne | 3 | 6 | -50% | $230,000 | $272,507.50 | -15.6% |
| New Germany | 1 | 3 | -66.7% | $223,000 | $135,000 | 65.2% |
| Norwood Young America | 3 | 10 | -70% | $199,000 | $181,500 | 9.6% |
| Mayer | 0 | 6 | -100% | $0 | $294,000 | -100% |
| Hamburg | 0 | 0 | - | $0 | $0 | - |
Alerts Sign-up