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Minnesota State Wire

Sunday, September 14, 2025

Mahtomedi home prices fall in May 2020

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The median sale price of a home sold in May 2020 in Mahtomedi fell by $58,950 while total sales decreased by 57.1%, according to BlockShopper.com.

In May 2020, there were six homes sold, with a median sale price of $293,000 - a 16.7% decrease over the $351,950 median sale price for the same period of the previous year. There were 14 homes sold in Mahtomedi in May 2019.

The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 1.3% of the median home sale price for May 2020.

The following table compares Mahtomedi to other Washington County cities with similar median sales prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Lakeland14-75%$355,900$285,50024.7%
Stillwater2344-47.7%$355,000$280,00026.8%
Woodbury49126-61.1%$318,000$318,500-0.2%
Newport36-50%$306,000$232,50031.6%
Oakdale2545-44.4%$297,000$270,00010%
Mahtomedi614-57.1%$293,000$351,950-16.7%
Cottage Grove1966-71.2%$290,000$276,7504.8%
Oak Park Heights29-77.8%$282,450$225,00025.5%
St. Paul Park58-37.5%$280,000$232,50020.4%
Bayport330%$257,600$246,0004.7%
Forest Lake1434-58.8%$253,000$326,200-22.4%

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