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Minnesota State Wire

Tuesday, November 5, 2024

Mahtomedi home prices rise in October 2019

Realestate5

The median sale price of a home sold in October 2019 in Mahtomedi rose by $117,500 while total sales decreased by 68.8%, according to BlockShopper.com.

In October 2019, there were five homes sold, with a median sale price of $435,000 - a 37% increase over the $317,500 median sale price for the same period of the previous year. There were 16 homes sold in Mahtomedi in October 2018.

The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 0.8% of the median home sale price for October 2019.

The following table compares Mahtomedi to other Washington County cities with similar median sales prices in October 2019:

CityOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Dellwood20-$747,500$0-
Grant68-25%$618,750$397,50055.7%
Hastings220%$573,750$348,00064.9%
Lake Elmo312-75%$470,000$360,45030.4%
Bayport45-20%$455,000$220,000106.8%
Mahtomedi516-68.8%$435,000$317,50037%
Marine on St. Croix220%$415,000$409,0001.5%
Scandia89-11.1%$375,000$382,000-1.8%
Stillwater3652-30.8%$336,900$345,000-2.3%
Woodbury111120-7.5%$289,500$279,9003.4%
Cottage Grove4056-28.6%$273,000$239,50014%

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