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Minnesota State Wire

Friday, September 12, 2025

Mound home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Mound rose by $46,450 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2018, there were eight homes sold, with a median sale price of $231,950 - a 25% increase over the $185,500 median sale price for the same period of the previous year. There were 12 homes sold in Mound in January 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 January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Champlin1819-5.3%$253,000$226,00011.9%
Long Lake10-$252,000$0-
Bloomington634540%$245,000$216,50013.2%
Osseo21100%$239,000$225,0006.2%
Richfield292611.5%$232,500$212,8259.2%
Mound812-33.3%$231,950$185,50025%
Loretto110%$230,500$290,000-20.5%
Minneapolis3173015.3%$229,900$221,8003.7%
Brooklyn Park58571.8%$224,000$182,90022.5%
Dayton25-60%$219,500$200,0009.8%
New Hope228175%$216,500$214,8350.8%

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