Mahtomedi, MN Foreclosures
How much do homes sell for in Mahtomedi, MN?
The average home price is currently $599,156.
In Mahtomedi, MN, how many homes are available?
There are currently 3 active home listings available in Mahtomedi.
What’s the average rental cost in Mahtomedi, MN?
The average rental price in Mahtomedi is $2,269.
What is the most expensive home in Mahtomedi?
The most expensive home sold in Mahtomedi had a price of $11,414,977.
What is currently the cheapest priced home in Mahtomedi, MN?
The cheapest home for sale in Mahtomedi is priced at $120,300.
Living in Mahtomedi, MN
Mahtomedi, MN is a picturesque suburban town nestled along the shores of White Bear Lake. Known for its excellent school district and strong sense of community, this city offers a blend of spacious homes and outdoor recreation. Residents enjoy scenic parks, local amenities, and quick access to the Twin Cities for work and play.
Current Market Conditions in Mahtomedi, MN
The real estate market in Mahtomedi has remained competitive, with a healthy mix of available homes and interested buyers. The demand for single-family homes continues to grow, driven by families seeking quality schools and peaceful living environments. As a result, home prices are experiencing a steady increase, and homes in desirable neighborhoods often sell quickly, sometimes above listing prices.
Recent trends indicate a rising interest in properties closer to White Bear Lake, reflecting increased demand for waterfront properties and recreational opportunities nearby. This has led to a rise in home renovations and new builds as buyers seek to invest in the area.
Home Value Estimator For Mahtomedi, MN
There are currently 649 real estate properties
in Mahtomedi, MN,
with a median automated valuation model (AVM) price
of $541,541.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mahtomedi, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Mahtomedi, MN,
is $599,156.00, with the most expensive house
in Mahtomedi, MN, topping out
at $11,414,977.00 and the cheapest home
in Mahtomedi, MN,
clocking in at $120,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mahtomedi, MN!
Rent Prices
In Mahtomedi, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mahtomedi, MN, is on
a rollercoaster ride. The
average rent price in Mahtomedi, MN,
is $2,269.00. Indeed, when looking to rent in
Mahtomedi, MN, you can expect to pay as little
as $1,150.00 or as much
as $4,320.00,
with the average rent median estimated to
be $2,220.00. The good news is that finding
an affordable and desirable property to rent in Mahtomedi, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
