Dave Ramsey Endorsed Local Provider for 15+ years

Keller Williams Preferred Realty(612) 843-9620Join HHG

Mayer housing market, May 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of June 5, 2026. See the newest report (September 2026)

  • Median sale price$375K−3.2% vs. May 2025
  • Homes sold5+25.0% vs. May 2025
  • Days on market64May 2026
  • Months of supply2.8end of May 2026

The short version

Mayer in May 2026

In May 2026, 5 homes sold in Mayer, against 4 in May 2025.

The median sale price was $375,000, down 3.2% from a year earlier, and homes spent 64 days on market, with sellers receiving 108.7% of their original list price.

The month ended with 10 homes for sale, 2.8 months of supply (a seller’s market by the usual measure).

Over the 12 months through May 2026, the median was $382,525 (down 2.4%) across 40 sales.

Only 5 homes sold here in May 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through May 2026, Mayer
300k400k500k600kOct 2024Feb 2025Jun 2025Oct 2025Mar 2026May 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$491,450$375,000May 2026$375,000

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

All the numbers

Mayer, May 2026 vs. May 2025

May 202612 months through May 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$387,500$375,000−3.2%$392,000$382,525−2.4%
Average sale price$382,500$383,860+0.4%$393,581$402,569+2.3%
Price per square foot$217$197−9.1%$213$207−2.5%
Closed sales45+25.0%4740−14.9%
New listings84−50.0%6950−27.5%
Days on market3964+64.1%9767−30.9%
% of original list price received98.4%108.7%+10.5%99.3%99.9%+0.6%
Homes for sale (end of month)2210−54.5%———
Months of supply5.92.8−52.5%———
Twin Cities region, median price$395,000$399,000+1.0%$385,000$390,000+1.3%

Source: Minneapolis Area REALTORS® Local Market Update, Mayer, May 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of June 5, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Mayer in May 2026: questions

What was the median home price in Mayer, MN in May 2026?

$375,000, from 5 sales (down 3.2% from May 2025), 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 $382,525.

How many homes sold in Mayer, MN in May 2026?

5, against 4 in May 2025. 4 new listings came on the market that month.

Was Mayer a buyer's or seller's market in May 2026?

Mayer ended May 2026 with 2.8 months of supply (10 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

Save this home

We’ll keep your saved homes together and let you know if the price changes. No spam.