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Thursday, November 14, 2024

What happened to the median home price in Mahtomedi during November 2021?

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The median sale price of a home sold in November 2021 in Mahtomedi fell by $51,500 while total sales increased by 20%, according to BlockShopper.com.

In November 2021, there were six homes sold, with a median sale price of $329,500 - a 13.5% decrease over the $381,000 median sale price for the same period of the previous year. There were five homes sold in Mahtomedi in November 2020.

The median sales tax in Mahtomedi for the most recent year with available data, 2020, was $4,392, approximately 1.3% of the median home sale price for November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Woodbury6367-6%$390,000$339,99914.7%
Hugo1516-6.3%$376,500$330,00014.1%
Stillwater1518-16.7%$360,000$342,2505.2%
Cottage Grove2231-29%$340,250$285,00019.4%
Forest Lake1219-36.8%$332,500$274,00021.4%
Mahtomedi6520%$329,500$381,000-13.5%
Newport23-33.3%$320,000$262,00022.1%
Oak Park Heights12-50%$319,900$260,00023%
Lakeland20-$318,950$0-
St. Paul Park14-75%$310,000$252,00023%
Oakdale827-70.4%$265,350$250,0006.1%

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