Housing in Mahtomedi, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$700,000
Median List Price
$465,000
Price Per Sq Ft
$221
Days on Market
54
Active Inventory
12
Months of Supply
2.0
Seller's market
Zillow Home Value
$460,606
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
66.7%
Sale-to-List Ratio
101.9%
Seller's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
5
Pending Sales
6
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$221
Median List $/SF
$224
Mahtomedi vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Mahtomedi is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$466,100
Median Rent
$1,608
Total Housing Units
3,105
Vacancy Rate
5.7%
Owner Occupied
83.2%
Renter Occupied
16.8%
Median Property Tax
$4,926
per year
Monthly Cost (w/ Mortgage)
$2,216
Housing Types
The current median sale price in Mahtomedi, MN is $700,000 according to Redfin data. Homes spend a median of 54 days on the market. 16.7% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $221. The median rent is $1,608 per month (Census ACS). About 83.2% of housing units are owner-occupied. The median year homes were built is 1989. There are 3,105 total housing units.