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Minnesota State Wire

Wednesday, November 6, 2024

Mahtomedi home prices rise in June 2020

Realestate3

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The median sale price of a home sold in June 2020 in Mahtomedi rose by $78,950 while total sales decreased by 55.6%, according to BlockShopper.com.

In June 2020, there were eight homes sold, with a median sale price of $386,950 - a 25.6% increase over the $308,000 median sale price for the same period of the previous year. There were 18 homes sold in Mahtomedi in June 2019.

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 June 2020.

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

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Grant330%$723,750$400,00080.9%
Scandia36-50%$567,750$407,50039.3%
Hastings110%$545,000$630,000-13.5%
Lake Elmo611-45.5%$540,000$491,5009.9%
Willernie110%$390,000$185,000110.8%
Mahtomedi818-55.6%$386,950$308,00025.6%
Stillwater2656-53.6%$386,000$362,6956.4%
Woodbury85167-49.1%$366,930$324,50013.1%
Oak Park Heights58-37.5%$280,000$249,75012.1%
Cottage Grove3487-60.9%$268,000$275,000-2.5%
St. Paul Park314-78.6%$265,000$235,25012.6%

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