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Minnesota State Wire

Friday, September 12, 2025

Mahtomedi home prices rise in the first half of 2018

Realestate5

The median sale price of a home sold in the first half of 2018 in Mahtomedi rose by $39,450 while total sales increased by 25.4%, according to BlockShopper.com.

From January through June of 2018, there were 79 homes sold, with a median sale price of $324,450 - a 13.8% increase over the $285,000 median sale price for the same period of the previous year. There were 63 homes sold in Mahtomedi in the first half of 2017.

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 first half of 2018.

The following table compares Mahtomedi to other Washington County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Marine on St. Croix47-42.9%$396,250$250,00058.5%
Scandia281675%$389,000$293,70032.4%
Pine Springs23-33.3%$388,031.50$380,0002.1%
Hastings813-38.5%$364,500$436,500-16.5%
Stillwater214222-3.6%$325,000$302,0007.6%
Mahtomedi796325.4%$324,450$285,00013.8%
Bayport221822.2%$317,500$286,25010.9%
Birchwood Village78-12.5%$315,000$495,000-36.4%
Woodbury611626-2.4%$300,000$275,0009.1%
Lakeland1113-15.4%$256,500$253,5001.2%
Cottage Grove288310-7.1%$253,000$239,0005.9%

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