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Minnesota State Wire

Thursday, September 11, 2025

Mahtomedi home prices rise in the third quarter of 2018

Webp realestate5

The median sale price of a home sold in the third quarter of 2018 in Mahtomedi rose by $1,750 while total sales increased by 36.7%, according to BlockShopper.com.

From July through September of 2018, there were 41 homes sold, with a median sale price of $332,000 - a 0.5% increase over the $330,250 median sale price for the same period of the previous year. There were 30 homes sold in Mahtomedi in the third quarter 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 third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Lake Elmo403033.3%$505,000$428,40017.9%
Afton157114.3%$435,000$472,000-7.8%
Birchwood Village5366.7%$400,000$320,00025%
Lakeland Shores3250%$345,000$295,75016.7%
Stillwater17214022.9%$336,950$332,5001.3%
Mahtomedi413036.7%$332,000$330,2500.5%
Hastings29-77.8%$317,500$449,000-29.3%
Bayport1316-18.8%$315,000$237,45032.7%
Woodbury42436815.2%$300,000$289,9503.5%
Scandia232015%$266,000$387,500-31.4%
Cottage Grove21116825.6%$255,000$240,0006.3%

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