From October through December of 2017, there were 68 homes sold, with a median sale price of $238,950 - a 5% increase over the $227,500 median sale price for the same period of the previous year. There were 66 homes sold in Mound in the fourth quarter of 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 the fourth quarter of 2017.
The following table compares Mound to other Hennepin County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Maple Grove | 232 | 206 | 12.6% | $269,200 | $268,450 | 0.3% |
| St. Louis Park | 152 | 128 | 18.8% | $266,000 | $245,000 | 8.6% |
| Bloomington | 220 | 210 | 4.8% | $259,950 | $228,500 | 13.8% |
| Champlin | 66 | 64 | 3.1% | $251,800 | $225,500 | 11.7% |
| Hopkins | 51 | 50 | 2% | $240,000 | $245,825 | -2.4% |
| Mound | 68 | 66 | 3% | $238,950 | $227,500 | 5% |
| Richfield | 135 | 121 | 11.6% | $235,000 | $226,000 | 4% |
| Brooklyn Park | 286 | 277 | 3.2% | $227,450 | $213,500 | 6.5% |
| Minneapolis | 1,140 | 1,072 | 6.3% | $226,075 | $219,950 | 2.8% |
| Spring Park | 3 | 5 | -40% | $221,000 | $433,000 | -49% |
| New Hope | 65 | 59 | 10.2% | $221,000 | $217,500 | 1.6% |
Alerts Sign-up