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Minnesota State Wire

Tuesday, November 5, 2024

Mound home prices rise in September 2019

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The median sale price of a home sold in September 2019 in Mound rose by $13,750 while total sales increased by 38.5%, according to BlockShopper.com.

In September 2019, there were 18 homes sold, with a median sale price of $270,000 - a 5.4% increase over the $256,250 median sale price for the same period of the previous year. There were 13 homes sold in Mound in September 2018.

The median sales tax in Mound for the most recent year with available data, 2015, was $2,899, approximately 1.1% of the median home sale price for September 2019.

The following table compares Mound to other Hennepin County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Loretto12-50%$292,000$247,45018%
Minneapolis394489-19.4%$282,250$248,70013.5%
Champlin2731-12.9%$280,000$262,0006.9%
Richfield3949-20.4%$280,000$250,00012%
Bloomington92123-25.2%$276,125$272,5001.3%
Mound181338.5%$270,000$256,2505.4%
Maple Plain20-$263,317.50$0-
Brooklyn Park82117-29.9%$260,000$240,0008.3%
New Hope1719-10.5%$259,900$205,00026.8%
Hopkins1821-14.3%$255,000$278,000-8.3%
Crystal3849-22.4%$240,444$220,0009.3%

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