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Minnesota State Wire

Thursday, September 11, 2025

Mahtomedi home prices fall in August 2017

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The median sale price of a home sold in August 2017 in Mahtomedi fell by $15,425 while total sales decreased by 43.8%, according to BlockShopper.com.

In August 2017, there were nine homes sold, with a median sale price of $309,575 - a 4.7% decrease over the $325,000 median sale price for the same period of the previous year. There were 16 homes sold in Mahtomedi in August 2016.

The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 1.2% of the median home sale price for August 2017.

The following table compares Mahtomedi to other Washington County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Pine Springs10-$500,000$0-
Hastings31200%$449,000$360,00024.7%
Lake Elmo15887.5%$430,000$446,250-3.6%
Stillwater4246-8.7%$357,762.50$292,50022.3%
Lakeland21100%$322,000$1,120,000-71.3%
Mahtomedi916-43.8%$309,575$325,000-4.7%
Scandia7540%$285,000$342,000-16.7%
Woodbury126168-25%$285,000$283,5000.5%
Forest Lake36339.1%$264,950$240,00010.4%
Cottage Grove4456-21.4%$244,900$234,7504.3%
Bayport56-16.7%$225,000$266,500-15.6%

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