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Minnesota State Wire

Wednesday, November 6, 2024

Rising home prices in Mound in the third quarter of 2021

Realestate5

The median sale price of a home sold in the third quarter of 2021 in Mound rose by $85,100 while total sales remained unchanged with 45 homes sold, according to BlockShopper.com.

From July through September of 2021, there were 45 homes sold, with a median sale price of $405,000 - a 26.6% increase over the $319,900 median sale price for the same period of the previous year. There were 45 homes sold in Mound in the third quarter of 2020, as well.

The median sales tax in Mound for the most recent year with available data, 2019, was $3,196, approximately 0.8% of the median home sale price for the third quarter of 2021.

The following table compares Mound to other Hennepin County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Minnetonka150153-2%$493,250$410,00020.3%
Greenfield146133.3%$485,000$273,50077.3%
Plymouth2242059.3%$466,950$385,00021.3%
Eden Prairie15813715.3%$452,000$415,000.108.9%
Rogers393414.7%$425,000$355,00019.7%
Mound45450%$405,000$319,90026.6%
St. Anthony1617-5.9%$402,500$330,00022%
Golden Valley634734%$400,000$373,3007.2%
Excelsior5425%$400,000$777,500-48.6%
Maple Plain36-50%$399,900$321,50024.4%
Maple Grove211227-7%$389,000$370,0005.1%

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