From January through December of 2020, there were 89 homes sold, with a median sale price of $367,500 - a 0.3% increase over the $366,500 median sale price for the previous year. There were 114 homes sold in Mahtomedi in 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 1.2%.
The following table compares Mahtomedi to other Washington County cities with similar median sale prices in 2020:
| City | Jan. - Dec. 2020 Home Sales | Jan. - Dec. 2019 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2020 Median Sales Price | Jan. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Elmo | 81 | 82 | -1.2% | $480,000 | $465,500 | 3.1% |
| St. Marys Point | 3 | 2 | 50% | $450,000 | $855,500 | -47.4% |
| Marine on St. Croix | 6 | 21 | -71.4% | $397,302.50 | $290,000 | 37% |
| Birchwood Village | 11 | 25 | -56% | $376,000 | $363,974.99 | 3.3% |
| Scandia | 41 | 48 | -14.6% | $375,000 | $357,500 | 4.9% |
| Mahtomedi | 89 | 114 | -21.9% | $367,500 | $366,500 | 0.3% |
| Stillwater | 314 | 472 | -33.5% | $355,000 | $325,000 | 9.2% |
| Woodbury | 987 | 1,245 | -20.7% | $339,999 | $315,900 | 7.6% |
| Pine Springs | 3 | 3 | 0% | $323,500 | $476,750 | -32.1% |
| Bayport | 34 | 46 | -26.1% | $303,000 | $256,750 | 18% |
| Cottage Grove | 432 | 649 | -33.4% | $285,000 | $264,900 | 7.6% |
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