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Minnesota State Wire

Sunday, December 22, 2024

What happened to the median home price in Waconia during the first quarter of 2022?

Re 12

The median sale price of a home sold in the first quarter of 2022 in Waconia rose by $1,000 while total sales increased by 5.7%, according to BlockShopper.com.

From January through March of 2022, there were 37 homes sold, with a median sale price of $349,000 - a 0.3% increase over the $348,000 median sale price for the same period of the previous year. There were 35 homes sold in Waconia in the first quarter of 2021.

The median sales tax in Waconia for the most recent year with available data, 2019, was $3,692, approximately 1.1% of the median home sale price for the first quarter of 2022.

The following table compares Waconia to other Carver County cities in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Victoria1925-24%$635,000$514,90023.3%
Chanhassen5665-13.8%$460,000$485,000-5.2%
Carver1219-36.8%$439,000$415,0005.8%
Watertown415-73.3%$397,850$275,00044.7%
Cologne7540%$390,000$290,00034.5%
Waconia37355.7%$349,000$348,0000.3%
Mayer6520%$307,500$329,000-6.5%
Chaska65624.8%$300,000$288,9503.8%
Hamburg12-50%$250,000$314,500-20.5%
Norwood Young America131030%$222,000$235,450-5.7%
New Germany3250%$216,300$50,000332.6%

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