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Wednesday, November 6, 2024

What happened to the median home price in Norwood Young America during August 2021?

Realestate3

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Adobe Stock

The median sale price of a home sold in August 2021 in Norwood Young America rose by $28,000 while total sales decreased by 57.1%, according to BlockShopper.com.

In August 2021, there were three homes sold, with a median sale price of $245,000 - a 12.9% increase over the $217,000 median sale price for the same period of the previous year. There were seven homes sold in Norwood Young America in August 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 August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Victoria1115-26.7%$527,500$600,000-12.1%
Chanhassen443912.8%$437,500$349,90025%
Carver715-53.3%$435,000$387,50012.3%
Waconia2126-19.2%$425,000$367,50015.6%
Chaska34340%$365,000$302,25020.8%
Watertown14875%$327,500$297,50010.1%
Cologne57-28.6%$327,000$295,00010.8%
Hamburg110%$262,500$381,000-31.1%
Norwood Young America37-57.1%$245,000$217,00012.9%
Mayer16-83.3%$221,300$287,250-23%
New Germany12-50%$182,310$252,500-27.8%

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