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Minnesota State Wire

Wednesday, November 6, 2024

Mayer home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Mayer fell by $6,550 while total sales increased by 11.1%, according to BlockShopper.com.

From July through September of 2019, there were 10 homes sold, with a median sale price of $268,950 - a 2.4% decrease over the $275,500 median sale price for the same period of the previous year. There were nine homes sold in Mayer in the third quarter of 2018.

The median sales tax in Mayer for 2019 was $3,096. In 2018, the median sales tax was $2,948. This marks an increase of 5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Mayer to other Carver County cities in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Victoria4455-20%$437,400$410,0006.7%
Carver2636-27.8%$372,950$355,0005.1%
Chanhassen153167-8.4%$369,000$327,50012.7%
Waconia7191-22%$295,500$315,000-6.2%
Chaska1621526.6%$279,750$275,0001.7%
Mayer10911.1%$268,950$275,500-2.4%
Cologne1516-6.3%$267,500$334,500-20%
Watertown2326-11.5%$240,000$249,250-3.7%
New Germany41300%$235,750$183,00028.8%
Norwood Young America1428-50%$202,750$197,0002.9%
Hamburg4333.3%$201,500$149,50034.8%

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