Norwood Young America, MN
Full City Profile · Minnesota · Carver County County
3.8
/5.0
B+
Good
3,866
Population
1,572/sq mi density
$67,857
Median Income
$32,552 per capita
$289,400
Home Value
$347,531 Zillow
$1,032
Median Rent
26.7% income on rent
44°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$67,857 median income, 3.8% unemployment
A
Affordability
4.3 / 5.0
$289,400 home value, $1,032/mo rent
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher
Housing Overview
Median Home Value
$289,400
3% above
US avg: $281,900
Median Rent
$1,032/mo
11% below
US avg: $1,163/mo
Homeownership Rate
75.9%
16% above US avg (65.4%)
Total Housing Units
1,411
Median year built: 1986
Home Value by Source
Census Median
$289,400
Zillow (ZHVI)
$347,531
Redfin Median Sale
$325,000
Median Sale Price
$325,000
Median List Price
$367,400
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.9%
Owner-Occupied
24.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,032/mo
Market Indicators (Redfin)
Median Sale Price
$325,000
Median Days on Market
66 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
75.9%
Complete Housing Data
Home Values
| Census Median Value | $289,400 |
| Zillow Home Value (ZHVI) | $347,531 |
| Redfin Median Sale | $325,000 |
| Median Sale Price | $325,000 |
| Median List Price | $367,400 |
| Price Per Sq Ft | $155 |
Rent
| Census Median Rent | $1,032 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 66 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 8 |
| Price Per Sq Ft | $155 |
Ownership & Stock
| Owner-Occupied | 75.9% |
| Renter-Occupied | 24.1% |
| Homeownership Rate | 75.9% |
| Total Housing Units | 1,411 |
| Median Year Built | 1986 |
| Rent Burden | 26.7% |