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Mahtomedi housing market, December 2025

Past report · Minneapolis Area REALTORS® Local Market Update · current as of January 8, 2026. See the newest report (September 2026)

  • Median sale price$410K−5.2% vs. December 2024
  • Homes sold9+125.0% vs. December 2024
  • Days on market39December 2025
  • Months of supply1.4end of December 2025

The short version

Mahtomedi in December 2025

In December 2025, 9 homes sold in Mahtomedi, against 4 in December 2024.

The median sale price was $410,000, down 5.2% from a year earlier, and homes spent 39 days on market, with sellers receiving 95.9% of their original list price.

The month ended with 13 homes for sale, 1.4 months of supply (a seller’s market by the usual measure).

Over the 12 months through December 2025, the median was $469,900 (down 4.1%) across 111 sales.

Only 9 homes sold here in December 2025, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through December 2025, Mahtomedi
300k400k500k600k700kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025Dec 2025$395,500Oct 2024$395,500Nov 2024$477,500Dec 2024$432,500Jan 2025$371,450Feb 2025$385,000Mar 2025$505,000Apr 2025$462,500May 2025$442,500Jun 2025$525,000Jul 2025$542,600Aug 2025$452,000Sep 2025$397,450Oct 2025$413,042Nov 2025$540,000$410,000Dec 2025$410,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$395,500
Nov 2024$477,500
Dec 2024$432,500
Jan 2025$371,450
Feb 2025$385,000
Mar 2025$505,000
Apr 2025$462,500
May 2025$442,500
Jun 2025$525,000
Jul 2025$542,600
Aug 2025$452,000
Sep 2025$397,450
Oct 2025$413,042
Nov 2025$540,000
Dec 2025$410,000

All the numbers

Mahtomedi, December 2025 vs. December 2024

December 202512 months through December 2025
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$432,500$410,000−5.2%$490,000$469,900−4.1%
Average sale price$438,750$451,000+2.8%$604,848$567,636−6.2%
Price per square foot$173$224+29.3%$218$235+8.0%
Closed sales49+125.0%91111+22.0%
New listings35+66.7%126146+15.9%
Days on market9839−60.2%4146+12.2%
% of original list price received87.8%95.9%+9.2%98.8%98.4%−0.4%
Homes for sale (end of month)1213+8.3%———
Months of supply1.51.4−6.7%———
Twin Cities region, median price$370,000$380,000+2.7%$380,000$390,000+2.6%

Source: Minneapolis Area REALTORS® Local Market Update, Mahtomedi, December 2025. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of January 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Mahtomedi in December 2025: questions

What was the median home price in Mahtomedi, MN in December 2025?

$410,000, from 9 sales (down 5.2% from December 2024), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $469,900.

How many homes sold in Mahtomedi, MN in December 2025?

9, against 4 in December 2024. 5 new listings came on the market that month.

Was Mahtomedi a buyer's or seller's market in December 2025?

Mahtomedi ended December 2025 with 1.4 months of supply (13 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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