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Wednesday, November 27, 2024

Mayer home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Mayer rose by $23,800 while total sales remained unchanged with 27 homes sold, according to BlockShopper.com.

From July through December of 2017, there were 27 homes sold, with a median sale price of $247,000 - a 10.7% increase over the $223,200 median sale price for the same period of the previous year. There were 27 homes sold in Mayer in the second half of 2016, as well.

The median sales tax in Mayer for 2017 was $2,844. In 2016, the median sales tax was $2,836. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Mayer to other Carver County cities in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Victoria89828.5%$407,900$384,4506.1%
Carver524320.9%$335,500$299,00012.2%
Chanhassen24320816.8%$328,000$324,9001%
Waconia1301263.2%$264,750$243,2008.9%
Chaska203212-4.2%$254,900$240,0006.2%
Mayer27270%$247,000$223,20010.7%
Cologne1621-23.8%$228,500$238,000-4%
Watertown4348-10.4%$224,500$201,45011.4%
Norwood Young America51502%$210,000$163,95028.1%
New Germany660%$172,000$143,45019.9%
Hamburg68-25%$168,250$158,9505.9%

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