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Mayer housing market, October 2025

Past report · Minneapolis Area REALTORS® Local Market Update · current as of November 7, 2025. See the newest report (September 2026)

  • Median sale price$381K−4.9% vs. October 2024
  • Homes sold4−20.0% vs. October 2024
  • Days on market94October 2025
  • Months of supply3.5end of October 2025

The short version

Mayer in October 2025

In October 2025, 4 homes sold in Mayer, against 5 in October 2024.

The median sale price was $380,575, down 4.9% from a year earlier, and homes spent 94 days on market, with sellers receiving 100.7% of their original list price.

The month ended with 12 homes for sale, 3.5 months of supply (a seller’s market by the usual measure).

Over the 12 months through October 2025, the median was $390,000 (up 4.0%) across 45 sales.

Only 4 homes sold here in October 2025, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through October 2025, Mayer
300k350k400k450k500kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025$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$400,000$380,575Oct 2025$380,575

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

All the numbers

Mayer, October 2025 vs. October 2024

October 202512 months through October 2025
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$400,000$380,575−4.9%$375,000$390,000+4.0%
Average sale price$404,937$379,788−6.2%$369,474$405,181+9.7%
Price per square foot$210$238+13.5%$200$214+6.8%
Closed sales54−20.0%4745−4.3%
New listings62−66.7%7756−27.3%
Days on market16794−43.7%6996+39.1%
% of original list price received98.3%100.7%+2.4%99.5%98.5%−1.0%
Homes for sale (end of month)2112−42.9%———
Months of supply53.5−30.0%———
Twin Cities region, median price$381,950$389,900+2.1%$376,000$390,000+3.7%

Source: Minneapolis Area REALTORS® Local Market Update, Mayer, October 2025. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of November 7, 2025. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Mayer in October 2025: questions

What was the median home price in Mayer, MN in October 2025?

$380,575, from 4 sales (down 4.9% from October 2024), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $390,000.

How many homes sold in Mayer, MN in October 2025?

4, against 5 in October 2024. 2 new listings came on the market that month.

Was Mayer a buyer's or seller's market in October 2025?

Mayer ended October 2025 with 3.5 months of supply (12 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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