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Minnesota State Wire

Friday, September 12, 2025

Mound home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Mound rose by $4,000 while total sales decreased by 20.5%, according to BlockShopper.com.

From January through June of 2018, there were 93 homes sold, with a median sale price of $251,000 - a 1.6% increase over the $247,000 median sale price for the same period of the previous year. There were 117 homes sold in Mound in the first half 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 first half of 2018.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Hopkins70116-39.7%$291,000$255,00014.1%
Bloomington491566-13.3%$266,000$255,0004.3%
Minneapolis2,5012,630-4.9%$257,500$235,6859.3%
Loretto67-14.3%$255,950$240,0006.6%
Champlin144156-7.7%$255,000$235,0008.5%
Mound93117-20.5%$251,000$247,0001.6%
Maple Plain13862.5%$247,500$248,750-0.5%
Richfield230287-19.9%$245,500$235,0004.5%
Brooklyn Park542579-6.4%$239,900$221,6958.2%
New Hope136141-3.5%$237,000$225,0005.3%
Crystal194255-23.9%$217,000$194,00011.9%

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