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Minnesota State Wire

Friday, September 12, 2025

Mound home prices fall in June 2018

Realestate4

The median sale price of a home sold in June 2018 in Mound fell by $18,750 while total sales decreased by 28.6%, according to BlockShopper.com.

In June 2018, there were 20 homes sold, with a median sale price of $247,500 - a 7% decrease over the $266,250 median sale price for the same period of the previous year. There were 28 homes sold in Mound in June 2017.

The median sales tax in Mound for the most recent year with available data, 2015, was $2,899, approximately 1.2% of the median home sale price for June 2018.

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

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Minneapolis587614-4.4%$270,500$250,5008%
Richfield4778-39.7%$262,500$239,5009.6%
Champlin3637-2.7%$258,755$246,5005%
Brooklyn Park123128-3.9%$251,000$233,0007.7%
New Hope3045-33.3%$251,000$225,00011.6%
Mound2028-28.6%$247,500$266,250-7%
Crystal4257-26.3%$236,000$211,00011.8%
Osseo45-20%$216,750$202,0007.3%
Brooklyn Center5267-22.4%$212,750$184,00015.6%
Robbinsdale35350%$195,000$219,900-11.3%
Spring Park20-$170,000$0-

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