Is Mayer, MN 55360 a buyer’s or seller’s market?
Mayer is a seller’s market. With about 1.6 months of supply and 56% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 94% of U.S. ZIP codes, and #14 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mayer housing market right now
In the three months ending August 31, 2026, 56% of homes in Mayer, MN 55360 sold above their list price, the typical home went under contract in 9 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold faster (24 days then) and the median sale price rose 6% to $388,582. Overall, Mayer is more competitive than a year ago, so tougher for buyers.
Within Carver County, homes here sell faster, and more often over asking, than in any other ZIP code in the county. On our competition score, Mayer ranks #14 of 296 MN ZIP codes with enough sales (score 89 out of 100).
Nearby, buyers who want less competition could look at New Germany 55367 (0% sold over asking) or Young America 55397 (22% sold over asking).
Run the numbers for 55360
Nearby markets
Carver 55315Seller’s market $208 /sq ftChanhassen 55317Seller’s market $227 /sq ftChaska 55318Seller’s market $211 /sq ftCologne 55322Seller’s market $181 /sq ft Browse all markets →Towns like Mayer nearby
Find towns like Mayer in other states →Where Mayer is
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Questions about Mayer real estate
Is Mayer a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Mayer, MN 55360 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mayer?
The typical home went under contract in 9 days in the latest three months.
Do homes in Mayer sell over asking?
56% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in Mayer?
About 0.99% of a home’s value a year in Carver County, or roughly $3,960 on a $400,000 home.
What is the median home price in Mayer?
The median sale price was $388,582 in the three months ending August 31, 2026, about $193 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology