The median sale price of a home sold in October 2020 in Cologne rose by $20,550 while total sales increased by 75%, according to BlockShopper.com.
In October 2020, there were seven homes sold, with a median sale price of $340,000 - a 6.4% increase over the $319,450 median sale price for the same period of the previous year. There were four homes sold in Cologne in October 2019.
The median sales tax in Cologne for the most recent year with available data, 2019, was $2,916, approximately 0.9% of the median home sale price for October 2020.
The following table compares Cologne to other Carver County cities in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Victoria | 9 | 4 | 125% | $519,900 | $277,400 | 87.4% |
| Chanhassen | 23 | 27 | -14.8% | $385,000 | $363,000 | 6.1% |
| Waconia | 20 | 16 | 25% | $357,000 | $310,000 | 15.2% |
| Cologne | 7 | 4 | 75% | $340,000 | $319,450 | 6.4% |
| Carver | 4 | 4 | 0% | $332,500 | $242,500 | 37.1% |
| Watertown | 5 | 3 | 66.7% | $322,000 | $278,000 | 15.8% |
| Mayer | 3 | 3 | 0% | $309,900 | $219,900 | 40.9% |
| Chaska | 21 | 30 | -30% | $281,000 | $274,000 | 2.6% |
| Norwood Young America | 4 | 2 | 100% | $200,250 | $322,500 | -37.9% |
| New Germany | 1 | 1 | 0% | $167,000 | $625,000 | -73.3% |
| Hamburg | 0 | 2 | -100% | $0 | $131,250 | -100% |
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