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Friday, November 15, 2024

Mahtomedi home prices rise in March 2020

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The median sale price of a home sold in March 2020 in Mahtomedi rose by $45,750 while total sales decreased by 25%, according to BlockShopper.com.

In March 2020, there were six homes sold, with a median sale price of $356,250 - a 14.7% increase over the $310,500 median sale price for the same period of the previous year. There were eight homes sold in Mahtomedi in March 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 March 2020.

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

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Grant12-50%$515,000$684,262.50-24.7%
Lake Elmo57-28.6%$467,500$450,0003.9%
Hastings20-$427,930$0-
Afton30-$415,000$0-
Scandia28-75%$368,750$296,907.5024.2%
Mahtomedi68-25%$356,250$310,50014.7%
Woodbury6268-8.8%$341,000$290,75017.3%
Hugo1724-29.2%$329,000$264,00024.6%
Birchwood Village20-$326,250$0-
Forest Lake201533.3%$318,250$270,00017.9%
Lakeland31200%$315,000$258,22522%

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