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Minnesota State Wire

Wednesday, November 6, 2024

Mahtomedi home prices rise in September 2019

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The median sale price of a home sold in September 2019 in Mahtomedi rose by $100,375 while total sales increased by 37.5%, according to BlockShopper.com.

In September 2019, there were 11 homes sold, with a median sale price of $388,375 - a 34.9% increase over the $288,000 median sale price for the same period of the previous year. There were eight homes sold in Mahtomedi in September 2018.

The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 0.9% of the median home sale price for September 2019.

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

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Marine on St. Croix16-83.3%$650,000$551,70017.8%
Grant84100%$552,500$670,550-17.6%
Lake Elmo9812.5%$550,000$466,505.5017.9%
Afton3250%$496,000$1,042,500-52.4%
Bayport63100%$397,500$243,00063.6%
Mahtomedi11837.5%$388,375$288,00034.9%
Birchwood Village100-$385,000$0-
Lakeland Shores21100%$380,000$1,025,000-62.9%
Scandia660%$349,250$244,50042.8%
Stillwater4657-19.3%$339,750$373,000-8.9%
Woodbury12410913.8%$319,900$280,00014.3%

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