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Minnesota State Wire

Saturday, November 2, 2024

Mayer median home prices fell by 11.1% in March 2022

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The median sale price of a home sold in March 2022 in Mayer fell by $36,500 while total sales increased by 33.3%, according to BlockShopper.com.

In March 2022, there were four homes sold, with a median sale price of $292,500 - a 11.1% decrease over the $329,000 median sale price for the same period of the previous year. There were three homes sold in Mayer in March 2021.

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 March 2022.

The following table compares Mayer to other Carver County cities in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Victoria715-53.3%$610,000$525,00016.2%
Watertown27-71.4%$504,999.50$280,00080.4%
Chanhassen1829-37.9%$493,000$458,0007.6%
Carver612-50%$478,750$418,00014.5%
Cologne3250%$424,000$304,95039%
Waconia15147.1%$380,000$382,000-0.5%
Chaska2836-22.2%$316,250$278,50013.6%
Mayer4333.3%$292,500$329,000-11.1%
Hamburg10-$250,000$0-
Norwood Young America5425%$222,000$219,2501.3%
New Germany12-50%$181,500$50,000263%

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