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Minnesota State Wire

Tuesday, November 5, 2024

Mahtomedi home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Mahtomedi rose by $23,500 while total sales decreased by 21.4%, according to BlockShopper.com.

In August 2019, there were 11 homes sold, with a median sale price of $365,000 - a 6.9% increase over the $341,500 median sale price for the same period of the previous year. There were 14 homes sold in Mahtomedi in August 2018.

The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 1% of the median home sale price for August 2019.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Marine on St. Croix20-$623,000$0-
Dellwood110%$545,900$565,000-3.4%
Grant78-12.5%$506,000$449,95012.5%
Lake Elmo1016-37.5%$476,139$505,000-5.7%
Birchwood Village330%$389,900$478,000-18.4%
Mahtomedi1114-21.4%$365,000$341,5006.9%
Lake St. Croix Beach24-50%$346,250$250,57538.2%
Hastings20-$328,750$0-
Stillwater70682.9%$325,000$303,7507%
Woodbury160161-0.6%$315,950$296,0006.7%
Forest Lake50468.7%$294,250$255,20015.3%

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