The story of this market
The typical home in ZIP 55367 sells for about $550,000, or $214 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,227 a month.
ZIP 55367 — New Germany
The housing market in 55367 is characterized by low inventory and stable, moderate price growth, reflecting its rural nature. Demand remains consistent among local buyers, though the limited number of listings keeps sales volume low. Market conditions are stable with no significant volatility expected in the near term.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with significant acreage, while remaining within a manageable driving distance of suburban amenities.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 2.3 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.4% · poverty 6.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 55367, Carver County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the New Germany area are generally low, consistent with rural Carver County trends and significantly lower than the Minneapolis-St. Paul metropolitan average.
The area is served by the Watertown-Mayer Public School District, which maintains a solid reputation for academic performance and community-focused programming.
The region faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risk primarily confined to low-lying areas near local creeks.
Economic momentum is driven by agricultural stability and proximity to the expanding western suburbs of the Twin Cities, with limited but steady residential development.
Property taxes are levied by Carver County, the local township or city, and the school district, with rates determined by annual assessments and local voter-approved levies.
Commuting to the Twin Cities employment core typically requires a 45-60 minute drive via Highway 7 or Highway 212, as there is no direct public transit access.
The area offers access to rural outdoor amenities including local parks, nearby lakes for fishing and boating, and regional trail systems for hiking and snowmobiling.
The rental market is limited in depth, consisting mostly of single-family homes and small-scale residential units with low turnover and stable demand.
The local economy is anchored by agriculture, small-scale manufacturing, and service businesses, with many residents commuting to larger employment hubs in the Twin Cities metro.
Transportation is heavily reliant on private vehicles, with Highway 7 serving as the primary arterial route for regional connectivity.
Development is characterized by slow, incremental growth with a focus on preserving the rural landscape and agricultural land use.
Carver County Assessor manages property valuations based on market-value assessments conducted annually to ensure equitable taxation.
Parcels are subject to school district levies, county taxes, and local township or municipal assessments for road maintenance and emergency services.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure common in the Upper Midwest.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Scream Town4.615 mi
- The Abandoned Hayride4.515 mi
- Deer Lake Orchard4.617.6 mi
- Delano Central Park4.614.7 mi
- Chaska Community Center4.419.5 mi
- Lola's Lakehouse4.49.9 mi
- Schram Vineyards Winery, Brewery & Restaurant4.611.8 mi
- Scream Town4.615 mi
- The Burrow - Victoria4.515.6 mi
- Schram Vineyards Winery, Brewery & Restaurant4.611.8 mi
- Sovereign Estate Winery4.49.8 mi
- Emagine Waconia4.69.6 mi
- Lake Waconia Regional Park4.510.7 mi
- Baylor Regional Park4.45.4 mi
- University of Minnesota Landscape Arboretum4.817.8 mi
- Big Stone Mini Golf4.813.6 mi
- Parley Lake Winery4.512.1 mi
- Wheel and Cog Children's Museum of Hutchinson4.719.7 mi
- Harrison Sculpture Garden4.617.6 mi
- Lake Waconia Regional Park4.510.7 mi
- Baylor Regional Park4.45.4 mi
- Oak Leaf Park4.612.4 mi
- City Square Park4.69.8 mi
- Waconia City Park4.48.7 mi
- Cokato Lake RV Resort4.517.8 mi
- Howard's Point Marina4.617.2 mi
- Metro Lakes Marina & Rentals LLC.4.516.6 mi
- In Towne Marina4.79.7 mi
- Bay to Bay Boat Club4.919.7 mi
- Timber Creek Golf Course4.411.1 mi
- Shadowbrooke Golf Course4.54.2 mi
- B's On the River4.49.6 mi
- Glencoe Country Club4.111.8 mi
- Dollar General4.112.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing playground and picnic facilities.
Large regional park nearby offering extensive trails and wildlife viewing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.