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Minnesota State Wire

Wednesday, November 6, 2024

January 2022: Home prices in Norwood Young America fell

Re 7

The median sale price of a home sold in January 2022 in Norwood Young America fell by $7,450 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In January 2022, there were four homes sold, with a median sale price of $252,500 - a 2.9% decrease over the $259,950 median sale price for the same period of the previous year. There were four homes sold in Norwood Young America in January 2021, as well.

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 January 2022.

The following table compares Norwood Young America to other Carver County cities in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Victoria56-16.7%$650,000$542,45019.8%
Carver12-50%$557,900$282,50097.5%
Chanhassen16156.7%$428,450$525,000-18.4%
Watertown24-50%$397,850$197,500101.4%
Mayer110%$392,350$350,00012.1%
Cologne41300%$378,000$705,000-46.4%
Waconia78-12.5%$377,200$252,50049.4%
Chaska161323.1%$271,800$305,000-10.9%
Norwood Young America440%$252,500$259,950-2.9%
New Germany00-$0$0-
Hamburg00-$0$0-

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