Home prices
The median home price in Norwood Young America is $187,800. Compared to its surrounding areas this is roughly $16,600 (8%) lower.It is approximately $29,700 (13%) lower compared to the rest of the country, and compared to the city of Minneapolis is approximately $63,800 (25%) lower.
Rents
In Norwood Young America the median rent is $922 a month. In comparison to nearby areas this is roughly $124 (15%) higher.In comparison to the entire country it is approximately $140 (13%) lower, and it is roughly $105 (10%) lower in comparison to the city of Minneapolis.
Nearby places
Hamburg
Hamburg is about 3 miles southwest of Norwood Young America. Its real estate prices are a bit less expensive. Hamburg's median home cost is $173,900, which comes out to $13,900 (7%) lower than Norwood Young America. Rent there is a bit less expensive. In Hamburg the median monthly rent is $702, which is $220 (31%) lower than Norwood Young America.
Plato
Plato is approximately 5 miles west from Norwood Young America. The housing prices there are a bit less expensive. Plato's median home price is $162,500, which is $25,300 (15%) lower than Norwood Young America. Its rents are somewhat less expensive. In Plato the median monthly rent is $767, which is $155 (20%) lower than Norwood Young America.
Cologne
Cologne is roughly 5 miles east of Norwood Young America. Its real estate prices are somewhat more expensive. The median home in Cologne costs $242,000, which is $54,200 (22%) higher than Norwood Young America. Its rents are substantially less expensive. Cologne's median rent is $681 per month, which comes out to $241 (35%) lower than Norwood Young America.
Green Isle
Green Isle is approximately 6 miles southwest from Norwood Young America. The real estate prices there are a lot less expensive. Green Isle's median home price is $139,900, which comes out to $47,900 (34%) lower than Norwood Young America. Rents there are similar. The median rent in Green Isle is $879 a month, which is $43 (4%) lower than Norwood Young America.
Waconia
Waconia is about 6 miles northeast from Norwood Young America. The real estate prices there are significantly more expensive. Waconia's median home value is $303,700, which works out to $115,900 (38%) higher than Norwood Young America. The rent there is similar. Waconia's median rent is $962 a month, which comes out to $40 (4%) higher than Norwood Young America.