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Minnesota State Wire

Thursday, September 11, 2025

Mound home prices rise in August 2018

Webp re 2

The median sale price of a home sold in August 2018 in Mound rose by $40,000 while total sales increased by 55.6%, according to BlockShopper.com.

In August 2018, there were 28 homes sold, with a median sale price of $237,000 - a 20.3% increase over the $197,000 median sale price for the same period of the previous year. There were 18 homes sold in Mound in August 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 August 2018.

The following table compares Mound to other Hennepin County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Minneapolis65253521.9%$265,000$251,0005.6%
New Hope4520125%$257,800$247,5004.2%
Champlin3536-2.8%$250,000$235,9506%
Richfield615413%$250,000$235,0006.4%
Brooklyn Park13110524.8%$243,000$222,0009.5%
Mound281855.6%$237,000$197,00020.3%
Crystal715431.5%$218,000$201,0008.5%
Loretto31200%$216,000$335,000-35.5%
Osseo35-40%$215,000$223,500-3.8%
Robbinsdale2932-9.4%$206,000$209,000-1.4%
Brooklyn Center543842.1%$195,500$193,7500.9%