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Minnesota State Wire

Wednesday, November 6, 2024

Mayer home prices rise in the first half of 2020

Realestate1

The median sale price of a home sold in the first half of 2020 in Mayer rose by $9,414 while total sales remained unchanged with 22 homes sold, according to BlockShopper.com.

From January through June of 2020, there were 22 homes sold, with a median sale price of $289,074 - a 3.4% increase over the $279,660 median sale price for the same period of the previous year. There were 22 homes sold in Mayer in the first half of 2019, as well.

The median sales tax in Mayer for the most recent year with available data, 2019, was $3,096, approximately 1.1% of the median home sale price for the first half of 2020.

The following table compares Mayer to other Carver County cities in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Victoria4879-39.2%$409,500$461,000-11.2%
Chanhassen151257-41.2%$361,000$380,000-5%
Carver3745-17.8%$335,000$298,00012.4%
Waconia104114-8.8%$307,500$296,2503.8%
Watertown3137-16.2%$290,100$241,00020.4%
Chaska163185-11.9%$290,000$308,000-5.8%
Mayer22220%$289,073.50$279,6603.4%
Cologne1524-37.5%$278,720$317,000-12.1%
New Germany310-70%$248,000$173,50042.9%
Hamburg770%$207,000$150,00038%
Norwood Young America3236-11.1%$205,500$202,5001.5%

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