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Mayer, MN

Full City Profile · Minnesota · Carver County County

3.7 /5.0
B+ Good
2,501 Population 1,826/sq mi density
$120,551 Median Income $45,883 per capita
$330,400 Home Value $383,447 Zillow
$1,205 Median Rent 39.2% income on rent
44°F Avg Temperature 270 sunny days/yr
119 Violent Crime/100K 1,785 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$120,551 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$330,400 home value, $1,205/mo rent
F
Safety
1.0 / 5.0
119 violent crimes/100K
A
Education
4.1 / 5.0
38.2% bachelor's degree or higher

Housing Overview

Median Home Value
$330,400
17% above
US avg: $281,900
Median Rent
$1,205/mo
4% above
US avg: $1,163/mo
Homeownership Rate
94.2%
44% above US avg (65.4%)
Total Housing Units
853
Median year built: 2006

Home Value by Source

Census Median
$330,400
Zillow (ZHVI)
$383,447
Median Sale Price
$359,900
Median List Price
$345,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

94.2%
Owner-Occupied
5.8%
Renter-Occupied
94%
6%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $1,205/mo

Market Indicators (Redfin)

Median Days on Market
24 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$162
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
39.2%
of renters spending 30%+ of income on housing
26% above US avg (31.0%)
Median Year Built
2006
Average age of housing stock: 20 years
Homeownership Rate
94.2%

Complete Housing Data

Home Values

Census Median Value$330,400
Zillow Home Value (ZHVI)$383,447
Median Sale Price$359,900
Median List Price$345,000
Price Per Sq Ft$162

Rent

Census Median Rent$1,205
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market24
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory3
Price Per Sq Ft$162

Ownership & Stock

Owner-Occupied94.2%
Renter-Occupied5.8%
Homeownership Rate94.2%
Total Housing Units853
Median Year Built2006
Rent Burden39.2%