Waconia home prices rise in May 2017

Waconia home prices rise in May 2017
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The median sale price of a home sold in May 2017 in Waconia rose by $29,900 while total sales increased by 18.2%, according to BlockShopper.com.

In May 2017, there were 39 homes sold, with a median sale price of $259,900 – a 13% increase over the $230,000 median sale price for the same period of the previous year. There were 33 homes sold in Waconia in May 2016.

The median sales tax in Waconia for 2017 was $3,172. In 2016, the median sales tax was $3,139. This marks an increase of 1.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Waconia to other Carver County cities in May 2017:

City May 2017 Home Sales May 2016 Home Sales % change (Total Home Sales) May 2017 Median Sales Price May 2016 Median Sales Price % change (Median Sales Price)
Victoria 22 23 -4.3% $414,450 $407,000 1.8%
Carver 9 12 -25% $312,500 $247,500 26.3%
Chanhassen 49 57 -14% $302,500 $330,000 -8.3%
Waconia 39 33 18.2% $259,900 $230,000 13%
Chaska 49 51 -3.9% $258,950 $260,000 -0.4%
Mayer 7 11 -36.4% $230,000 $229,900 0%
Watertown 16 9 77.8% $221,500 $257,400 -13.9%
Norwood Young America 12 9 33.3% $216,500 $195,000 11%
Cologne 5 4 25% $211,000 $222,500 -5.2%
New Germany 1 0 – $155,000 $0 –
Hamburg 2 2 0% $152,750 $183,000 -16.5%


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