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Minnesota State Wire

Wednesday, November 6, 2024

Mayer home prices rise in July 2020

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The median sale price of a home sold in July 2020 in Mayer rose by $35,000 while total sales decreased by 20%, according to BlockShopper.com.

In July 2020, there were four homes sold, with a median sale price of $294,000 - a 13.5% increase over the $259,000 median sale price for the same period of the previous year. There were five homes sold in Mayer in July 2019.

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 July 2020.

The following table compares Mayer to other Carver County cities in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Chanhassen2159-64.4%$529,000$400,00032.3%
Victoria819-57.9%$494,950$375,00032%
Carver612-50%$365,950$378,000-3.2%
Chaska2465-63.1%$328,450$298,20010.1%
Mayer45-20%$294,000$259,00013.5%
Waconia1532-53.1%$289,000$310,000-6.8%
Cologne47-42.9%$272,507.50$267,5001.9%
Watertown58-37.5%$200,000$239,450-16.5%
Norwood Young America58-37.5%$195,000$196,700-0.9%
New Germany110%$135,000$253,500-46.7%
Hamburg02-100%$0$201,500-100%

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