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Minnesota State Wire

Sunday, September 14, 2025

2020: Home prices in Mound increased

Webp re 2

The median sale price of a home sold in 2020 in Mound rose by $28,550 while total sales decreased by 33%, according to BlockShopper.com.

From January through December of 2020, there were 144 homes sold, with a median sale price of $292,450 - a 10.8% increase over the $263,900 median sale price for the previous year. There were 215 homes sold in Mound in 2019.

The median sales tax in Mound for the most recent year with available data, 2019, was $3,196, approximately 1.1% of the median home sale price for 2020.

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

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Hopkins109198-44.9%$325,000$286,50013.4%
Long Lake2032-37.5%$321,950$344,000-6.4%
Bloomington6201,171-47.1%$310,000$285,0008.8%
Dayton4961-19.7%$305,000$345,000-11.6%
Minneapolis3,4855,228-33.3%$305,000$275,00010.9%
Mound144215-33%$292,450$263,90010.8%
Richfield326540-39.6%$286,875$268,0007%
Champlin217372-41.7%$286,000$270,0005.9%
New Hope169276-38.8%$285,000$259,9009.7%
Loretto217-88.2%$277,450$250,00011%
Maple Plain1622-27.3%$276,200$270,0002.3%

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