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Minnesota State Wire

Thursday, November 7, 2024

Mahtomedi home prices fall in November 2020

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The median sale price of a home sold in November 2020 in Mahtomedi fell by $57,950 while total sales decreased by 80%, according to BlockShopper.com.

In November 2020, there were two homes sold, with a median sale price of $296,500 - a 16.3% decrease over the $354,450 median sale price for the same period of the previous year. There were 10 homes sold in Mahtomedi in November 2019.

The median sales tax in Mahtomedi for 2020 was $4,392. In 2019, the median sales tax was $4,382. This marks an increase of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Grant34-25%$480,000$562,500-14.7%
Scandia34-25%$425,000$370,75014.6%
Afton10-$366,000$0-
Stillwater1029-65.5%$313,750$405,700-22.7%
Forest Lake617-64.7%$297,250$257,00015.7%
Mahtomedi210-80%$296,500$354,450-16.3%
Woodbury4272-41.7%$286,325$312,500-8.4%
Cottage Grove2036-44.4%$276,500$260,0006.3%
Newport21100%$276,250$300,000-7.9%
Willernie10-$273,301$0-
Oakdale1332-59.4%$262,000$230,00013.9%

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