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Minnesota State Wire

Wednesday, November 6, 2024

Mahtomedi median home prices rose by 33.2% in September 2021

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The median sale price of a home sold in September 2021 in Mahtomedi rose by $107,250 while total sales decreased by 12.5%, according to BlockShopper.com.

In September 2021, there were seven homes sold, with a median sale price of $430,000 - a 33.2% increase over the $322,750 median sale price for the same period of the previous year. There were eight homes sold in Mahtomedi in September 2020.

The median sales tax in Mahtomedi for the most recent year with available data, 2020, was $4,392, approximately 1% of the median home sale price for September 2021.

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

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Grant5425%$645,000$746,000-13.5%
Afton5425%$575,000$712,500-19.3%
Scandia50-$550,000$0-
Stillwater342254.5%$540,000$338,50059.5%
Lake Elmo8633.3%$493,750$680,000-27.4%
Mahtomedi78-12.5%$430,000$322,75033.2%
St. Marys Point10-$415,000$0-
Lake St. Croix Beach21100%$392,500$175,000124.3%
Woodbury968020%$387,463.36$341,00013.6%
Lakeland110%$371,500$370,0000.4%
Birchwood Village21100%$368,500$390,000-5.5%

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