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Minnesota State Wire

Thursday, September 11, 2025

Mound home prices fall in August 2017

Realestate5

The median sale price of a home sold in August 2017 in Mound fell by $33,000 while total sales decreased by 10%, according to BlockShopper.com.

In August 2017, there were 18 homes sold, with a median sale price of $197,000 - a 14.3% decrease over the $230,000 median sale price for the same period of the previous year. There were 20 homes sold in Mound in August 2016.

The median sales tax in Mound for the most recent year with available data, 2015, was $2,899, approximately 1.5% of the median home sale price for August 2017.

The following table compares Mound to other Hennepin County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Bloomington93112-17%$238,400$247,750-3.8%
Champlin362356.5%$235,950$213,90010.3%
Richfield5466-18.2%$235,000$220,0006.8%
Osseo52150%$223,500$243,000-8%
Brooklyn Park105129-18.6%$222,000$216,0002.8%
Robbinsdale3235-8.6%$209,000$190,00010%
Crystal5457-5.3%$201,000$190,0005.8%
Mound1820-10%$197,000$230,000-14.3%
Brooklyn Center3844-13.6%$193,750$163,02518.8%
Tonka Bay13-66.7%$189,000$920,000-79.5%
Spring Park12-50%$185,000$560,000-67%

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