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Minnesota State Wire

Thursday, November 7, 2024

Mayer home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Mayer rose by $16,950 while total sales decreased by 17.6%, according to BlockShopper.com.

From April through June of 2020, there were 14 homes sold, with a median sale price of $299,950 - a 6% increase over the $283,000 median sale price for the same period of the previous year. There were 17 homes sold in Mayer in the second quarter of 2019.

The median sales tax in Mayer for the most recent year with available data, 2019, was $3,096, approximately 1% of the median home sale price for the second quarter of 2020.

The following table compares Mayer to other Carver County cities in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Victoria2555-54.5%$430,000$484,000-11.2%
Chanhassen79157-49.7%$361,000$350,0003.1%
Carver2130-30%$344,000$328,5004.7%
Mayer1417-17.6%$299,950$283,0006%
Waconia6381-22.2%$299,000$307,500-2.8%
Chaska83128-35.2%$291,000$314,750-7.5%
Watertown2027-25.9%$285,877.50$252,50013.2%
Cologne820-60%$280,500$334,500-16.1%
New Germany24-50%$229,750$202,50013.5%
Hamburg23-33.3%$218,500$192,00013.8%
Norwood Young America23230%$218,000$210,0003.8%

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