The median sale price of a home sold in May 2017 in Mahtomedi rose by $33,000 while total sales remained unchanged with 11 homes sold, according to BlockShopper.com.
In May 2017, there were 11 homes sold, with a median sale price of $289,000 – a 12.9% increase over the $256,000 median sale price for the same period of the previous year. There were 11 homes sold in Mahtomedi in May 2016, as well.
The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 1.3% of the median home sale price for May 2017.
The following table compares Mahtomedi to other Washington County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bayport | 3 | 5 | -40% | $429,500 | $225,500 | 90.5% |
| Hastings | 5 | 9 | -44.4% | $425,000 | $23,907.50 | 1677.7% |
| Scandia | 2 | 6 | -66.7% | $422,000 | $305,250 | 38.2% |
| Lake Elmo | 17 | 8 | 112.5% | $360,000 | $342,500 | 5.1% |
| Stillwater | 62 | 53 | 17% | $311,000 | $301,500 | 3.2% |
| Mahtomedi | 11 | 11 | 0% | $289,000 | $256,000 | 12.9% |
| Woodbury | 167 | 147 | 13.6% | $280,000 | $286,000 | -2.1% |
| Forest Lake | 41 | 45 | -8.9% | $250,000 | $225,250 | 11% |
| Lakeland | 3 | 1 | 200% | $249,000 | $247,000 | 0.8% |
| Newport | 5 | 6 | -16.7% | $235,700 | $204,950 | 15% |
| Oak Park Heights | 8 | 5 | 60% | $235,500 | $260,000 | -9.4% |
