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Minnesota State Wire

Saturday, November 23, 2024

Mahtomedi home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Mahtomedi rose by $111,400 while total sales decreased by 7.1%, according to BlockShopper.com.

In July 2019, there were 13 homes sold, with a median sale price of $425,000 - a 35.5% increase over the $313,600 median sale price for the same period of the previous year. There were 14 homes sold in Mahtomedi in July 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 July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Marine on St. Croix110%$550,000$448,00022.8%
Pine Springs110%$540,000$630,000-14.3%
Grant550%$525,000$489,0007.4%
Afton330%$496,000$499,000-0.6%
Lake Elmo1112-8.3%$435,000$535,500-18.8%
Mahtomedi1314-7.1%$425,000$313,60035.5%
Scandia36-50%$410,000$325,00026.2%
Stillwater3435-2.9%$357,450$360,000-0.7%
Birchwood Village41300%$350,950$400,000-12.3%
Woodbury15612227.9%$325,000$308,5005.3%
Forest Lake432948.3%$320,000$269,90018.6%

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