Question 1

What is the median sold price in Mayerthorpe?

Accepted Answer

The median sold price in Mayerthorpe is $165,000 based on 64 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Mayerthorpe?

Accepted Answer

The average sold price in Mayerthorpe is $156,578. Note that the average ($156,578) is lower than the median ($165,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Mayerthorpe?

Accepted Answer

Home prices in Mayerthorpe range from $7,500 to $350,000 based on recent sales data. This $342,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Mayerthorpe selling above or below asking price?

Accepted Answer

On average, homes in Mayerthorpe are selling at 96.1% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Mayerthorpe?

Accepted Answer

Homes in Mayerthorpe are selling in an average of 33 days. This indicates a seller's market with strong demand. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Mayerthorpe?

Accepted Answer

The average price per square foot in Mayerthorpe is $156. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $312,000.

Question 7

How active is the real estate market in Mayerthorpe?

Accepted Answer

The Mayerthorpe market has seen 64 home sales over the past 2 years, with 41 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Mayerthorpe?

Accepted Answer

There have been 14 new listings in Mayerthorpe during May 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Mayerthorpe?

Accepted Answer

The most common property types selling in Mayerthorpe are: detached single family (53 sold, avg $168,959), vacant lot (7 sold, avg $32,990), half duplex (2 sold, avg $151,500). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Mayerthorpe?

Accepted Answer

Detached homes in Mayerthorpe are selling for an average of $168,959, with 53 sales over the past 2 years.

Question 11

How much do condos cost in Mayerthorpe?

Accepted Answer

Condos and apartments in Mayerthorpe are selling for an average of $165,000, with 1 sales over the past 2 years. Condos typically offer a more affordable entry point into the Mayerthorpe market.

Question 12

Are home prices rising or falling in Mayerthorpe?

Accepted Answer

Home prices in Mayerthorpe have decreased by 34.7% over the past 2 years. The average sold price moved from $324,000 to $211,500. This downward trend may present buying opportunities for purchasers.

Question 13

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

Accepted Answer

Based on current data, Mayerthorpe is a balanced market. Homes are selling in 33 days on average and at 96.1% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 14

What percentage of homes sell above asking price in Mayerthorpe?

Accepted Answer

In Mayerthorpe, 9% of homes sold above asking price, while 77% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 15

What are the average property taxes in Mayerthorpe?

Accepted Answer

The average annual property tax in Mayerthorpe is $2,217, with a median of $2,264. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 16

What size homes are selling in Mayerthorpe?

Accepted Answer

Homes selling in Mayerthorpe range from 479 to 2,201 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 17

How much do home prices vary in Mayerthorpe?

Accepted Answer

Mayerthorpe shows moderate price diversity with a standard deviation of $91,754 around the average price of $156,578. This wide range indicates a diverse market with options at many price points.

Question 18

Where can I find recently sold homes in Mayerthorpe?

Accepted Answer

You can view a comprehensive list of houses sold in Mayerthorpe right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 19

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 20

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Mayerthorpe.

Mayerthorpe Sold House Prices & Market Data

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