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Minnesota State Wire

Wednesday, November 6, 2024

August 2021: Home prices in Mahtomedi increased

Realestate3

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The median sale price of a home sold in August 2021 in Mahtomedi rose by $103,500 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In August 2021, there were six homes sold, with a median sale price of $537,500 - a 23.8% increase over the $434,000 median sale price for the same period of the previous year. There were six homes sold in Mahtomedi in August 2020, as well.

The median sales tax in Mahtomedi for the most recent year with available data, 2020, was $4,392, approximately 0.8% of the median home sale price for August 2021.

The following table compares Mahtomedi to other Washington County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Birchwood Village220%$1,015,000$373,500171.8%
Grant46-33.3%$880,000$394,400123.1%
Scandia36-50%$662,000$287,500130.3%
Marine on St. Croix110%$625,000$374,60566.8%
Lake Elmo58-37.5%$553,500$525,4505.3%
Mahtomedi660%$537,500$434,00023.8%
Afton45-20%$499,950$509,000-1.8%
Stillwater23219.5%$498,000$460,0008.3%
Forest Lake1721-19%$428,890$280,00053.2%
Woodbury7183-14.5%$401,400$347,50015.5%
Lakeland12-50%$368,500$212,25073.6%

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