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Minnesota State Wire

Saturday, November 23, 2024

Mound home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Mound rose by $29,000 while total sales increased by 22.2%, according to BlockShopper.com.

In July 2019, there were 22 homes sold, with a median sale price of $295,000 - a 10.9% increase over the $266,000 median sale price for the same period of the previous year. There were 18 homes sold in Mound in July 2018.

The median sales tax in Mound for the most recent year with available data, 2015, was $2,899, approximately 1% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Rogers171154.5%$325,000$311,0004.5%
St. Louis Park876729.9%$306,000$320,000-4.4%
Hopkins251566.7%$301,000$270,00011.5%
Bloomington1399349.5%$299,900$277,0008.3%
Champlin372927.6%$295,000$284,9003.5%
Mound221822.2%$295,000$266,00010.9%
Long Lake5366.7%$293,500$273,0007.5%
Minneapolis59544334.3%$281,750$262,0007.5%
Hanover110%$280,000$35,500688.7%
Richfield794192.7%$276,000$244,90012.7%
Brooklyn Park1249727.8%$269,450$252,0006.9%

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