Quantcast

Minnesota State Wire

Thursday, November 7, 2024

Mound home prices fall in the second quarter of 2020

Realestate2

The median sale price of a home sold in the second quarter of 2020 in Mound fell by $5,750 while total sales decreased by 40.3%, according to BlockShopper.com.

From April through June of 2020, there were 37 homes sold, with a median sale price of $275,000 - a 2% decrease over the $280,750 median sale price for the same period of the previous year. There were 62 homes sold in Mound in the second quarter of 2019.

The median sales tax in Mound for the most recent year with available data, 2019, was $3,196, approximately 1.2% of the median home sale price for the second quarter of 2020.

The following table compares Mound to other Hennepin County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Champlin62119-47.9%$293,250$270,0008.6%
Osseo94125%$287,550$249,75015.1%
Hanover15-80%$285,000$385,000-26%
Richfield105159-34%$282,000$273,9502.9%
New Hope5292-43.5%$280,000$258,0008.5%
Mound3762-40.3%$275,000$280,749.50-2%
Brooklyn Park199371-46.4%$275,000$262,0005%
Robbinsdale53103-48.5%$264,000$235,00012.3%
Crystal72130-44.6%$246,250$225,0009.4%
Brooklyn Center83126-34.1%$223,000$205,4508.5%
Maple Plain25-60%$190,000$270,000-29.6%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS