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Minnesota State Wire

Wednesday, November 6, 2024

Mound median home prices fell by 14.2% in September 2021

Realestate4

The median sale price of a home sold in September 2021 in Mound fell by $56,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

In September 2021, there were nine homes sold, with a median sale price of $339,000 - a 14.2% decrease over the $395,000 median sale price for the same period of the previous year. There were nine homes sold in Mound in September 2020, as well.

The median sales tax in Mound for the most recent year with available data, 2019, was $3,196, approximately 0.9% of the median home sale price for September 2021.

The following table compares Mound to other Hennepin County cities with similar median sale prices in September 2021:

CitySept. 2021 Home SalesSept. 2020 Home Sales% change (Total Home Sales)Sept. 2021 Median Sales PriceSept. 2020 Median Sales Price% change (Median Sales Price)
Maple Grove5152-1.9%$380,000$343,50010.6%
Golden Valley2211100%$368,550$363,0001.5%
Bloomington55541.9%$365,000$327,50011.5%
Loretto20-$360,000$0-
Hopkins712-41.7%$345,000$343,0000.6%
Mound990%$339,000$395,000-14.2%
St. Louis Park2636-27.8%$330,750$343,425-3.7%
Champlin1824-25%$330,000$284,50016%
Richfield2327-14.8%$325,000$289,00012.5%
Minneapolis195293-33.4%$322,500$314,0002.7%
Brooklyn Park4056-28.6%$320,000$293,0009.2%

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