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Minnesota State Wire

Wednesday, November 6, 2024

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

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The median sale price of a home sold in September 2021 in Norwood Young America rose by $103,001 while total sales increased by 250%, according to BlockShopper.com.

In September 2021, there were seven homes sold, with a median sale price of $265,000 - a 63.6% increase over the $162,000 median sale price for the same period of the previous year. There were two homes sold in Norwood Young America in September 2020.

The median sales tax in Norwood Young America for the most recent year with available data, 2019, was $2,356, approximately 0.9% of the median home sale price for September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Victoria1112-8.3%$585,000$544,9507.3%
Chanhassen443718.9%$452,250$375,00020.6%
Cologne41300%$430,796$295,00046%
Chaska282227.3%$356,500$360,000-1%
Mayer4333.3%$332,500$298,42011.4%
Carver511-54.5%$325,000$369,900-12.1%
Hamburg110%$319,000$400,000-20.3%
Waconia1318-27.8%$310,000$359,750-13.8%
Norwood Young America72250%$265,000$161,999.5063.6%
Watertown94125%$250,000$262,450-4.7%
New Germany03-100%$0$255,300-100%

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