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Minnesota State Wire

Wednesday, September 10, 2025

Median home prices in Mahtomedi fell to $375,000 in March 2022

Webp realestate4

The median sale price of a home sold in March 2022 in Mahtomedi fell by $25,000 while total sales increased by 80%, according to BlockShopper.com.

In March 2022, there were nine homes sold, with a median sale price of $375,000 - a 6.3% decrease over the $400,000 median sale price for the same period of the previous year. There were five homes sold in Mahtomedi in March 2021.

The median sales tax in Mahtomedi for the most recent year with available data, 2020, was $4,392, approximately 1.2% of the median home sale price for March 2022.

The following table compares Mahtomedi to other Washington County cities with similar median sale prices in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Lakeland23-33.3%$557,500$319,90074.3%
Lake Elmo550%$515,000$557,000-7.5%
Bayport46-33.3%$417,500$355,00017.6%
Woodbury6878-12.8%$403,000$342,45017.7%
Stillwater3031-3.2%$375,000$365,0002.7%
Mahtomedi9580%$375,000$400,000-6.3%
Oak Park Heights13-66.7%$370,000$285,00029.8%
Forest Lake1533-54.5%$370,000$245,00051%
St. Paul Park26-66.7%$339,897.50$258,50031.5%
Cottage Grove322718.5%$338,000$300,00012.7%
Oakdale2534-26.5%$320,000$279,50014.5%

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