Mayer home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Mayer rose by $25,050 while total sales increased by 40%, according to BlockShopper.com.

From July through September of 2020, there were 14 homes sold, with a median sale price of $294,000 - a 9.3% increase over the $268,950 median sale price for the same period of the previous year. There were 10 homes sold in Mayer in the third quarter of 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 the third quarter of 2020.

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

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Victoria3544-20.5%$570,000$437,40030.3%
Chanhassen100153-34.6%$390,000$369,0005.7%
Hamburg14-75%$381,000$201,50089.1%
Carver292611.5%$369,900$372,950-0.8%
Waconia6271-12.7%$325,000$295,50010%
Chaska83162-48.8%$315,000$279,75012.6%
Mayer141040%$294,000$268,9509.3%
Cologne1415-6.7%$285,007.50$267,5006.5%
Watertown1723-26.1%$240,000$240,0000%
New Germany84100%$221,000$235,750-6.3%
Norwood Young America191435.7%$200,000$202,750-1.4%

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