Median home prices in Mahtomedi fell to $347,500 in April

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The median sale price of a home sold in April in Mahtomedi fell by $76,250 while total sales decreased by 75 percent, according to

In April, there were three homes sold, with a median sale price of $347,500 - an 18 percent decrease from the $423,750 median sale price for the same period of the previous year. There were 12 homes sold in Mahtomedi in April 2021.

The median sales tax in Mahtomedi for the most recent year with available data, 2020, was $4,392, approximately 1.3 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Cottage Grove2145-53.3$370,000$330,00012.1
Forest Lake1230-60$350,000$267,50030.8
Lake St. Croix Beach20-$310,000$0-
Birchwood Village13-66.7$307,000$600,000-48.8

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