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Monday, November 25, 2024

Median home prices in Mayer rose to $329,000 in the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Mayer rose by $73,258 while total sales decreased by 37.5%, according to BlockShopper.com.

From January through March of 2021, there were five homes sold, with a median sale price of $329,000 - a 28.6% increase over the $255,742 median sale price for the same period of the previous year. There were eight homes sold in Mayer in the first quarter of 2020.

The median sales tax in Mayer for the most recent year with available data, 2019, was $3,096, approximately 0.9% of the median home sale price for the first quarter of 2021.

The following table compares Mayer to other Carver County cities in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Victoria25238.7%$514,900$365,00041.1%
Chanhassen6372-12.5%$485,000$361,75034.1%
Carver191618.8%$415,000$320,00029.7%
Waconia3541-14.6%$348,000$326,5006.6%
Cologne47-42.9%$342,450$278,72022.9%
Mayer58-37.5%$329,000$255,74228.6%
Hamburg25-60%$314,500$200,00057.3%
Chaska6180-23.8%$288,000$286,1250.7%
Watertown151136.4%$275,000$301,500-8.8%
Norwood Young America10911.1%$235,450$186,00026.6%
New Germany21100%$50,000$385,000-87%

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