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Mayer housing market

September 2026 report · NorthstarMLS data via Minneapolis Area REALTORS® · current as of October 7, 2026

  • Median sale price$385K−1.5% vs. prior 12 months
  • Homes sold38past 12 months, −17.4%
  • Days on market58past 12 months
  • Months of supply5.2end of September 2026

The short version

Mayer in September 2026

Over the 12 months through September 2026, the median sale price in Mayer was $385,250, down 1.5% from the 12 months before.

38 homes sold in that time (down 17.4%), and 57 new listings came on the market (down 5.0%).

Homes that sold spent 58 days on market, and sellers received 100.5% of their original list price.

At the end of September 2026 there were 16 homes for sale, 5.2 months of supply.

Only 2 homes sold in Mayer in September 2026, so that month's numbers can swing a lot. The 12-month figures above are steadier.

Median sale price by month, Mayer
300k400k500k600kOct 2024Feb 2025Jun 2025Oct 2025Mar 2026Jul 2026Sep 2026$400,000Oct 2024$400,000Nov 2024$400,348Dec 2024$400,000Jan 2025$372,000Feb 2025$394,000Mar 2025$361,750Apr 2025$409,900May 2025$387,500Jun 2025$364,201Jul 2025$431,000Aug 2025$361,900Sep 2025$400,000Oct 2025$380,575Dec 2025$379,250Jan 2026$395,000Feb 2026$359,900Mar 2026$408,900Apr 2026$491,450May 2026$375,000Jun 2026$384,175Jul 2026$380,000Aug 2026$400,000$387,450Sep 2026$387,450

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$400,000
Nov 2024$400,348
Dec 2024$400,000
Jan 2025$372,000
Feb 2025$394,000
Mar 2025$361,750
Apr 2025$409,900
May 2025$387,500
Jun 2025$364,201
Jul 2025$431,000
Aug 2025$361,900
Sep 2025$400,000
Oct 2025$380,575
Dec 2025$379,250
Jan 2026$395,000
Feb 2026$359,900
Mar 2026$408,900
Apr 2026$491,450
May 2026$375,000
Jun 2026$384,175
Jul 2026$380,000
Aug 2026$400,000
Sep 2026$387,450
Homes sold by month, Mayer
051015Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 20265Oct 20245Nov 20242Dec 20247Jan 20252Feb 20253Mar 20254Apr 20251May 20254Jun 20256Jul 20255Aug 20254Sep 20253Oct 20254Nov 20250Dec 20253Jan 20264Feb 20261Mar 20263Apr 20262May 20265Jun 20268Jul 20263Aug 202632Sep 20262
Show as a table
YearClosed sales
Oct 20245
Nov 20242
Dec 20247
Jan 20252
Feb 20253
Mar 20254
Apr 20251
May 20254
Jun 20256
Jul 20255
Aug 20254
Sep 20253
Oct 20254
Nov 20250
Dec 20253
Jan 20264
Feb 20261
Mar 20263
Apr 20262
May 20265
Jun 20268
Jul 20263
Aug 20263
Sep 20262

All the numbers

Mayer vs. a year earlier

September 202612 months through September 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$400,000$387,450−3.1%$391,000$385,250−1.5%
Average sale price$401,942$387,450−3.6%$407,363$411,560+1.0%
Price per square foot$186$160−13.8%$211$207−2.3%
Closed sales32−33.3%4638−17.4%
New listings16+500.0%6057−5.0%
Days on market25915−94.2%10458−44.2%
% of original list price received95.7%100%+4.5%98.2%100.5%+2.3%
Homes for sale (end of month)1216+33.3%———
Months of supply3.45.2+52.9%———

Compared with the Twin Cities region (12 months)

AreaMedian priceChangeDays on market% of list receivedMonths of supply
Mayer$385,250−1.5%58100.5%5.2
16-county Twin Cities region$395,000+1.3%5098.4%3.2

Source: Minneapolis Area REALTORS® Local Market Update, Mayer, September 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of October 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Mayer market questions

What is the median home price in Mayer, MN?

$385,250 over the 12 months through September 2026, down 1.5% from a year earlier, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). In September 2026 alone it was $387,450.

How fast are homes selling in Mayer?

Homes that sold in the 12 months through September 2026 spent 58 days on market (September 2026: 15 days).

Is Mayer a buyer's or seller's market?

At the end of September 2026, Mayer had 5.2 months of supply (16 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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