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Minnesota State Wire

Tuesday, November 5, 2024

Mayer home prices fall in October 2019

Re 9

The median sale price of a home sold in October 2019 in Mayer fell by $39,050 while total sales increased by 50%, according to BlockShopper.com.

In October 2019, there were three homes sold, with a median sale price of $219,900 - a 15.1% decrease over the $258,950 median sale price for the same period of the previous year. There were two homes sold in Mayer in October 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 1.4%.

The following table compares Mayer to other Carver County cities in October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
New Germany10-$625,000$0-
Chanhassen2741-34.1%$363,000$385,000-5.7%
Norwood Young America26-66.7%$322,500$212,50051.8%
Cologne440%$319,450$258,25023.7%
Waconia1634-52.9%$310,000$265,00017%
Watertown310-70%$278,000$277,2000.3%
Victoria417-76.5%$277,400$457,500-39.4%
Chaska3036-16.7%$274,000$256,2506.9%
Carver412-66.7%$242,500$305,250-20.6%
Mayer3250%$219,900$258,950-15.1%
Hamburg20-$131,250$0-

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