The median sale price of a home sold in May 2017 in Mound rose by $30,100 while total sales increased by 8%, according to BlockShopper.com.
In May 2017, there were 27 homes sold, with a median sale price of $260,000 – a 13.1% increase over the $229,900 median sale price for the same period of the previous year. There were 25 homes sold in Mound in May 2016.
The median sales tax in Mound for the most recent year with available data, 2015, was $2,899, approximately 1.1% of the median home sale price for May 2017.
The following table compares Mound to other Hennepin County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Golden Valley | 44 | 48 | -8.3% | $322,550 | $281,500 | 14.6% |
| Maple Grove | 138 | 155 | -11% | $300,250 | $279,900 | 7.3% |
| Maple Plain | 2 | 2 | 0% | $293,500 | $166,750 | 76% |
| St. Anthony | 8 | 9 | -11.1% | $285,200 | $310,000 | -8% |
| St. Louis Park | 84 | 113 | -25.7% | $275,000 | $259,000 | 6.2% |
| Mound | 27 | 25 | 8% | $260,000 | $229,900 | 13.1% |
| Bloomington | 138 | 125 | 10.4% | $252,000 | $238,000 | 5.9% |
| Hopkins | 30 | 26 | 15.4% | $248,500 | $225,950 | 10% |
| Rogers | 20 | 36 | -44.4% | $247,500 | $281,250 | -12% |
| Champlin | 27 | 43 | -37.2% | $245,000 | $227,900 | 7.5% |
| Richfield | 53 | 64 | -17.2% | $240,000 | $225,000 | 6.7% |
