In October 2017, there were 22 homes sold, with a median sale price of $235,000 - a 3.3% increase over the $227,500 median sale price for the same period of the previous year. There were 28 homes sold in Mound in October 2016.
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 October 2017.
The following table compares Mound to other Hennepin County cities with similar median sales prices in October 2017:
City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Maple Grove | 87 | 83 | 4.8% | $261,363 | $269,900 | -3.2% |
Osseo | 2 | 1 | 100% | $261,250 | $180,000 | 45.1% |
Bloomington | 85 | 65 | 30.8% | $255,000 | $230,000 | 10.9% |
Champlin | 21 | 17 | 23.5% | $247,000 | $232,000 | 6.5% |
New Hope | 27 | 16 | 68.8% | $235,500 | $212,450 | 10.8% |
Mound | 22 | 28 | -21.4% | $235,000 | $227,500 | 3.3% |
Richfield | 44 | 47 | -6.4% | $235,000 | $228,000 | 3.1% |
Minneapolis | 412 | 399 | 3.3% | $226,575 | $219,900 | 3% |
Hopkins | 17 | 16 | 6.3% | $225,000 | $245,825 | -8.5% |
Brooklyn Park | 99 | 100 | -1% | $225,000 | $205,000 | 9.8% |
Spring Park | 3 | 2 | 50% | $221,000 | $554,000 | -60.1% |