Zip 55360 (Mayer, MN) Housing

The housing market in Mayer, MN (55360) is currently valued at $351,000. This is slightly higher than the US House Median Value of $338,100 but lower than other cities across the country. In terms of appreciation, the US has seen an 8.27% increase in house values over the past year while Mayer's appreciation rate has been only 6.82%. While there may be some uncertainty in the future of the housing market, Mayer still remains a great place to invest in real estate with a median value that is slightly higher than the national average.

The median home cost in Mayer (zip 55360) is $351,000. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Mayer (zip 55360) is up 11.0%.

Average Age of Homes

- The median age of Mayer (zip 55360) real estate is 17 years old

The Rental Market in Mayer (zip 55360)

- Renters make up 9.6% of the Mayer (zip 55360) population
- 0.7% of houses and apartments in Mayer (zip 55360), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mayer, Minnesota	United States
	1,137.0	139,647,020.0
	18	42
	$351,000	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.62	$10.98
	$3,159	$2,690
	91.6%	57.4%
	3.1%	11.2%
	5.4%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.1%	0.4%
	0.0%	3.6%
	1.2%	4.1%
Value of Owner-Occupied Housing
	4.0%	2.6%
	0.2%	2.4%
	0.5%	2.8%
	0.2%	3.9%
	0.7%	4.5%
	2.1%	11.3%
	6.3%	13.0%
	51.4%	20.1%
	24.7%	13.6%
	3.6%	8.3%
	4.8%	9.7%
	1.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	41.1%	13.6%
	41.1%	13.6%
	6.2%	13.6%
	2.9%	13.2%
	6.0%	14.8%
	6.2%	13.6%
	3.3%	10.0%
	1.7%	4.7%
	13.6%	12.2%

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