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Minnesota State Wire

Thursday, September 11, 2025

Mahtomedi home prices rise in the third quarter of 2017

Realestate4

The median sale price of a home sold in the third quarter of 2017 in Mahtomedi rose by $45,250 while total sales decreased by 30.2%, according to BlockShopper.com.

From July through September of 2017, there were 30 homes sold, with a median sale price of $330,250 - a 15.9% increase over the $285,000 median sale price for the same period of the previous year. There were 43 homes sold in Mahtomedi in the third quarter of 2016.

The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 1.1% of the median home sale price for the third quarter of 2017.

The following table compares Mahtomedi to other Washington County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Lake Elmo302711.1%$428,400$405,0005.8%
Grant1416-12.5%$425,000$399,2506.4%
Marine on St. Croix56-16.7%$405,800$403,5000.6%
Scandia208150%$387,500$471,000-17.7%
Stillwater140150-6.7%$332,500$299,50011%
Mahtomedi3043-30.2%$330,250$285,00015.9%
Birchwood Village35-40%$320,000$259,90023.1%
Lakeland Shores21100%$295,750$197,55049.7%
Woodbury368464-20.7%$289,950$274,6505.6%
Lakeland10742.9%$281,000$255,00010.2%
Lake St. Croix Beach711-36.4%$250,000$180,00038.9%

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