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Minnesota State Wire

Thursday, September 11, 2025

Mound home prices fall in July 2018

Re 5

The median sale price of a home sold in July 2018 in Mound fell by $20,500 while total sales remained unchanged with 18 homes sold, according to BlockShopper.com.

In July 2018, there were 18 homes sold, with a median sale price of $266,000 - a 7.2% decrease over the $286,500 median sale price for the same period of the previous year. There were 18 homes sold in Mound in July 2017, as well.

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 July 2018.

The following table compares Mound to other Hennepin County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Champlin2944-34.1%$284,900$240,00018.7%
Bloomington93104-10.6%$277,000$265,0004.5%
Long Lake35-40%$273,000$355,000-23.1%
Hopkins1523-34.8%$270,000$236,00014.4%
Minnetrista1019-47.4%$267,112$420,000-36.4%
Mound18180%$266,000$286,500-7.2%
Minneapolis443510-13.1%$262,000$248,0005.6%
Brooklyn Park97106-8.5%$252,000$239,0005.4%
Osseo45-20%$247,450$260,000-4.8%
Richfield4152-21.2%$244,900$242,2501.1%
New Hope2023-13%$237,000$243,000-2.5%

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