In March 2022, there were three homes sold, with a median sale price of $424,000 - a 39% increase over the $304,950 median sale price for the same period of the previous year. There were two homes sold in Cologne in March 2021.
The median sales tax in Cologne for the most recent year with available data, 2019, was $2,916, approximately 0.7% of the median home sale price for March 2022.
The following table compares Cologne to other Carver County cities in March 2022:
| City | Mar. 2022 Home Sales | Mar. 2021 Home Sales | % change (Total Home Sales) | Mar. 2022 Median Sales Price | Mar. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Victoria | 7 | 15 | -53.3% | $610,000 | $525,000 | 16.2% |
| Watertown | 2 | 7 | -71.4% | $504,999.50 | $280,000 | 80.4% |
| Chanhassen | 18 | 29 | -37.9% | $493,000 | $458,000 | 7.6% |
| Carver | 6 | 12 | -50% | $478,750 | $418,000 | 14.5% |
| Cologne | 3 | 2 | 50% | $424,000 | $304,950 | 39% |
| Waconia | 15 | 14 | 7.1% | $380,000 | $382,000 | -0.5% |
| Chaska | 28 | 36 | -22.2% | $316,250 | $278,500 | 13.6% |
| Mayer | 4 | 3 | 33.3% | $292,500 | $329,000 | -11.1% |
| Hamburg | 1 | 0 | - | $250,000 | $0 | - |
| Norwood Young America | 5 | 4 | 25% | $222,000 | $219,250 | 1.3% |
| New Germany | 1 | 2 | -50% | $181,500 | $50,000 | 263% |
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