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Minnesota State Wire

Sunday, September 14, 2025

Mound home prices fall in May 2020

Webp re 12

The median sale price of a home sold in May 2020 in Mound fell by $31,575 while total sales decreased by 70.8%, according to BlockShopper.com.

In May 2020, there were seven homes sold, with a median sale price of $240,000 - a 11.6% decrease over the $271,575 median sale price for the same period of the previous year. There were 24 homes sold in Mound in May 2019.

The median sales tax in Mound for the most recent year with available data, 2019, was $3,196, approximately 1.3% of the median home sale price for May 2020.

The following table compares Mound to other Hennepin County cities with similar median sales prices in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Bloomington42145-71%$286,450$288,557-0.7%
Champlin938-76.3%$275,000$268,7502.3%
Richfield2560-58.3%$275,000$292,500-6%
Independence35-40%$270,000$380,000-28.9%
Brooklyn Park54139-61.2%$263,750$257,0002.6%
Robbinsdale1435-60%$250,500$239,9004.4%
Brooklyn Center2545-44.4%$245,000$205,00019.5%
Crystal1753-67.9%$241,000$209,00015.3%
Mound724-70.8%$240,000$271,575-11.6%
Rogers317-82.4%$225,000$350,000-35.7%
Corcoran212-83.3%$182,500$395,450-53.9%

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