From January through December of 2017, there were 243 homes sold, with a median sale price of $240,000 - a 4.4% increase over the $229,900 median sale price for the previous year. There were 255 homes sold in Mound in 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 2017.
The following table compares Mound to other Hennepin County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
St. Louis Park | 685 | 818 | -16.3% | $275,000 | $250,000 | 10% |
Loretto | 12 | 14 | -14.3% | $265,000 | $228,750 | 15.8% |
Bloomington | 1,064 | 1,106 | -3.8% | $255,200 | $238,000 | 7.2% |
Hopkins | 221 | 213 | 3.8% | $248,000 | $230,000 | 7.8% |
Champlin | 326 | 343 | -5% | $242,500 | $223,900 | 8.3% |
Mound | 243 | 255 | -4.7% | $240,000 | $229,900 | 4.4% |
Minneapolis | 5,224 | 5,424 | -3.7% | $237,000 | $220,000 | 7.7% |
Richfield | 578 | 608 | -4.9% | $235,000 | $222,000 | 5.9% |
Maple Plain | 19 | 32 | -40.6% | $235,000 | $223,750 | 5% |
New Hope | 274 | 278 | -1.4% | $229,950 | $219,950 | 4.5% |
Brooklyn Park | 1,189 | 1,386 | -14.2% | $227,000 | $212,650 | 6.7% |