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Minnesota State Wire

Friday, September 12, 2025

Mound home prices fall in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Mound fell by $17,250 while total sales decreased by 19.7%, according to BlockShopper.com.

From April through June of 2018, there were 61 homes sold, with a median sale price of $251,500 - a 6.4% decrease over the $268,750 median sale price for the same period of the previous year. There were 76 homes sold in Mound in the second quarter of 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 the second quarter of 2018.

The following table compares Mound to other Hennepin County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Bloomington304382-20.4%$275,000$259,4506%
Minneapolis1,5401,659-7.2%$265,000$245,0008.2%
Champlin90900%$260,255$245,5006%
Loretto16-83.3%$258,900$234,95010.2%
Richfield133177-24.9%$257,500$239,0007.7%
Mound6176-19.7%$251,500$268,750-6.4%
Brooklyn Park344349-1.4%$249,250$230,0008.4%
Maple Plain6520%$246,900$271,750-9.1%
New Hope8295-13.7%$245,000$228,0007.5%
Crystal102152-32.9%$218,250$202,0008%
Robbinsdale96915.5%$215,000$212,0001.4%

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