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Saturday, September 21, 2024

Mayer home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Mayer rose by $142,250 while total sales increased by 33.3%, according to BlockShopper.com.

In September 2018, there were four homes sold, with a median sale price of $280,250 - a 103.1% increase over the $138,000 median sale price for the same period of the previous year. There were three homes sold in Mayer in September 2017.

The median sales tax in Mayer for 2018 was $2,948. In 2017, the median sales tax was $2,844. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.1%.

The following table compares Mayer to other Carver County cities in September 2018:

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Victoria16160%$413,500$392,0005.5%
Cologne52150%$385,000$307,50025.2%
Waconia2226-15.4%$344,500$258,75033.1%
Carver1015-33.3%$334,850$317,5005.5%
Chanhassen4259-28.8%$307,500$379,900-19.1%
Chaska302520%$284,500$254,90011.6%
Mayer4333.3%$280,250$138,000103.1%
Watertown24-50%$267,500$160,75066.4%
Hamburg13-66.7%$219,000$135,00062.2%
Norwood Young America990%$209,173$205,0002%
New Germany01-100%$0$164,000-100%

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