Mahtomedi, MN Real Estate

According to census data in the year 2000 there were 2,567 housing units in Mahtomedi. This represents a 33.1% growth from 1,929 in 1990.

Of those housing units, 2,567 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mahtomedi is about 88.7%. Mahtomedi's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 3.01 people.

The majority of houses, apartments or condos in Mahtomedi were built after 1981.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom3.70%
Two Bedrooms19.90%
Three Bedrooms42.60%
Four Bedrooms26.30%
Five Bedrooms or more7.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1981
Median Value of occupied units$180,300
Median Price asked for vacant units$186,500

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1984
Median Monthly Rent asked for vacant units$344

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage11.90%
Home Equity Loan19.20%
Simple Mortgage51.40%
Debt Free16.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%