
Compare cities · September 2026
Lexington vs. Mahtomedi
Homes in Mahtomedi sold for a median $475,000 over the 12 months through September 2026, 64% more than in Lexington ($289,800). Homes sold faster in Lexington: 17 days on market on average, against 37 in Mahtomedi. Mahtomedi's homes are newer, with a median year built of 1989 against 1977. Lexington is closer to downtown Minneapolis: about 24 minutes by car, against 32. The two are about 11 miles apart.
Housing market, 12 months through September 2026
| Measure | Lexington | Mahtomedi |
|---|---|---|
| Median sale price | $289,800 | $475,000 |
| Change from a year earlier | −11.4% | +2.2% |
| Homes sold | 5 | 123 |
| Days on market | 17 | 37 |
| Share of original list price | 104.2% | 98.9% |
| Price per square foot | $259 | $237 |
| New listings | 10 | 154 |
| Homes for sale (September 2026) | 4 | 18 |
| Months of supply (September 2026) | 3.2 | 1.7 |
Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).
The homes
| Measure | Lexington | Mahtomedi |
|---|---|---|
| Median home value (owner estimate) | $289,800 | $476,000 |
| Median year built | 1977 | 1989 |
| Single-family homesShare of all housing units, detached houses | 56% | 83% |
| Owner-occupied homes | 55% | 83% |
| Median rent | $1,573 | $1,694 |
Source: US Census Bureau, American Community Survey 2020–2024.
The place
| Measure | Lexington | Mahtomedi |
|---|---|---|
| Population (2024) | 3,062 | 8,199 |
| Land area | 0.7 sq mi | 3.5 sq mi |
| Drive to Downtown Minneapolis | 24 min | 32 min |
| Drive to Downtown Saint Paul | 24 min | 24 min |
| Drive to MSP Airport | 35 min | 35 min |
| Drive to Mall of America | 37 min | 39 min |
| Drive to University of Minnesota | 21 min | 30 min |
| Average commute to work | 21.3 min | 23.6 min |
| Lakes of 10+ acresMinnesota DNR lake outlines touching the city | 0 | 4 |
Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).
Lexington
School districts: Centennial Public School District
Mahtomedi
School districts: Mahtomedi Public School District
Largest lakes: White Bear Lake (2,428 acres), Long Lake (63 acres), Long Lake (53 acres), Lost Lake (22 acres)
How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.
Quick answers
Lexington or Mahtomedi?
Is Lexington or Mahtomedi more expensive?
Mahtomedi. The median sale price was $475,000 there and $289,800 in Lexington over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.
Where do homes sell faster, Lexington or Mahtomedi?
Lexington: 17 days on market on average against 37, over the 12 months through September 2026.
Which is closer to downtown Minneapolis?
Lexington, about 24 minutes by car in light traffic (32 from Mahtomedi). To downtown Saint Paul: 24 minutes from Lexington, 24 from Mahtomedi.
How far apart are Lexington and Mahtomedi?
About 11 miles in a straight line between their centers.
Which has more lakes, Lexington or Mahtomedi?
Mahtomedi has more: 0 lakes of 10+ acres touch Lexington and 4 touch Mahtomedi (largest: White Bear Lake), by Minnesota DNR lake outlines.
Which school districts serve Lexington and Mahtomedi?
Lexington: Centennial Public School District. Mahtomedi: Mahtomedi Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.
Should I buy in Lexington or Mahtomedi?
It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.
Deciding between them?
See homes in Lexington and Mahtomedi.
A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.
