Norwood Young America home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Norwood Young America fell by $2,750 while total sales increased by 35.7%, according to

From July through September of 2020, there were 19 homes sold, with a median sale price of $200,000 - a 1.4% decrease over the $202,750 median sale price for the same period of the previous year. There were 14 homes sold in Norwood Young America in the third quarter of 2019.

The median sales tax in Norwood Young America for the most recent year with available data, 2019, was $2,356, approximately 1.2% of the median home sale price for the third quarter of 2020.

The following table compares Norwood Young America to other Carver County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
New Germany84100%$221,000$235,750-6.3%
Norwood Young America191435.7%$200,000$202,750-1.4%

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