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Minnesota State Wire

Wednesday, September 10, 2025

Mound home prices fall in the first quarter of 2017

Realestate1

The median sale price of a home sold in the first quarter of 2017 in Mound fell by $18,050 while total sales decreased by 2.4%, according to BlockShopper.com.

From January through March of 2017, there were 41 homes sold, with a median sale price of $201,950 - a 8.2% decrease over the $220,000 median sale price for the same period of the previous year. There were 42 homes sold in Mound in the first quarter of 2016.

The median sales tax in Mound for the most recent year with available data, 2015, was $2,899, approximately 1.4% of the median home sale price for the first quarter of 2017.

The following table compares Mound to other Hennepin County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Champlin66643.1%$225,500$196,988.5014.5%
Richfield1101081.9%$223,450$210,0006.4%
Minneapolis9711,056-8%$218,000$191,75013.7%
Osseo5366.7%$216,500$180,00020.3%
New Hope4649-6.1%$215,750$211,0002.3%
Maple Plain35-40%$211,000$185,72513.6%
Brooklyn Park230260-11.5%$209,950$188,25011.5%
Mound4142-2.4%$201,950$220,000-8.2%
Robbinsdale5672-22.2%$189,900$164,848.5015.2%
Crystal1038521.2%$179,500$169,9005.7%
Brooklyn Center105124-15.3%$174,900$149,95016.6%

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