Mahtomedi home prices rise in January 2020

Medium realestate077

The median sale price of a home sold in January 2020 in Mahtomedi rose by $38,500 while total sales decreased by 62.5%, according to BlockShopper.com.

In January 2020, there were three homes sold, with a median sale price of $380,000 - a 11.3% increase over the $341,500 median sale price for the same period of the previous year. There were eight homes sold in Mahtomedi in January 2019.

The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 1% of the median home sale price for January 2020.

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

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Dellwood110%$2,700,000$1,075,000151.2%
Afton31200%$625,000$321,74294.3%
Scandia220%$466,500$367,50026.9%
Lake Elmo6450%$437,250$407,5007.3%
Mahtomedi38-62.5%$380,000$341,50011.3%
St. Marys Point10-$332,000$0-
Woodbury3854-29.6%$320,625$256,95024.8%
Birchwood Village10-$296,000$0-
Stillwater2432-25%$280,899$303,000-7.3%
Hugo915-40%$275,000$210,00031%
Cottage Grove1732-46.9%$268,000$227,25017.9%

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