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Minnesota State Wire

Thursday, September 11, 2025

What happened to the median home price in Mound during the second half of 2021?

Webp realestate1

The median sale price of a home sold in the second half of 2021 in Mound rose by $24,600 while total sales increased by 46.9%, according to BlockShopper.com.

From July through December of 2021, there were 94 homes sold, with a median sale price of $344,500 - a 7.7% increase over the $319,900 median sale price for the same period of the previous year. There were 64 homes sold in Mound in the second half of 2020.

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 the second half of 2021.

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

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Maple Grove48429961.9%$380,000$360,0005.6%
St. Louis Park31219758.4%$357,000$360,000-0.8%
Loretto90-$356,500$0-
Champlin18288106.8%$345,000$290,00019%
Hopkins674548.9%$345,000$321,0007.5%
Mound946446.9%$344,500$319,9007.7%
Bloomington47028266.7%$342,250$315,0008.7%
Minneapolis2,1741,51543.5%$325,000$315,0003.2%
Richfield25913690.4%$320,000$301,8006%
Brooklyn Park54031670.9%$320,000$292,5009.4%
Maple Plain1112-8.3%$320,000$321,500-0.5%

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