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Thursday, November 7, 2024

How did home prices perform in Mahtomedi during the first half of 2022?

Realestate1

The median sale price of a home sold in the first half of 2022 in Mahtomedi fell by $1,250 while total sales increased by 11.6 percent, according to BlockShopper.com.

From January through June, there were 48 homes sold, with a median sale price of $398,750 - a 0.3 percent decrease from the $400,000 median sale price for the same period of the previous year. There were 43 homes sold in Mahtomedi in the first half of 2021.

The median sales tax in Mahtomedi for the most recent year with available data, 2020, was $4,392, approximately 1.1 percent of the median home sale price for the first half of 2022.

The following table compares Mahtomedi to other Washington County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Pine Springs42100$551,000$638,500-13.7
Marine on St. Croix46-33.3$505,000$520,000-2.9
Stillwater171182-6$452,500$400,00013.1
Birchwood Village56-16.7$419,000$435,000-3.7
Scandia920-55$402,000$508,250-20.9
Mahtomedi484311.6$398,750$400,000-0.3
Woodbury457538-15.1$394,000$370,0006.5
Lakeland14140$382,500$300,29927.4
Willernie59-44.4$355,000$217,00063.6
Cottage Grove193211-8.5$353,000$320,00010.3
Bayport1822-18.2$351,500$343,7502.3

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