Mahtomedi, MN is known for its high housing values. The median value of homes in Mahtomedi is $433,900 which is significantly higher than the national median value of $338,100. In the past year alone, the US median house appreciation rate was 8.27% while the appreciation rate in Mahtomedi was 4.70%. This indicates that buying a property in this area can be a sound investment as it is likely to increase in value over time.
The median home cost in Mahtomedi is $433,900. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Mahtomedi is up 9.2%.
Average Age of Homes
- The median age of Mahtomedi real estate is 30 years old
The Rental Market in Mahtomedi
- Renters make up 15.4% of the Mahtomedi population
- 0.0% of houses and apartments in Mahtomedi, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.