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South Hennepin News

Wednesday, November 6, 2024

Mound home prices rise in November 2019

Realestate5

The median sale price of a home sold in November 2019 in Mound rose by $27,450 while total sales decreased by 40%, according to BlockShopper.com.

In November 2019, there were 12 homes sold, with a median sale price of $267,450 - a 11.4% increase over the $240,000 median sale price for the same period of the previous year. There were 20 homes sold in Mound in November 2018.

The median sales tax in Mound for the most recent year with available data, 2015, was $2,899, approximately 1.1% of the median home sale price for November 2019.

The following table compares Mound to other Hennepin County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Golden Valley2230-26.7%$312,500$323,500-3.4%
Corcoran67-14.3%$288,350$320,000-9.9%
Minneapolis323479-32.6%$280,000$250,00012%
Bloomington7392-20.7%$277,500$266,5004.1%
Hopkins1424-41.7%$273,400$259,7505.3%
Mound1220-40%$267,450$240,00011.4%
Richfield4654-14.8%$264,000$258,0502.3%
Champlin2037-45.9%$259,000$245,0005.7%
Brooklyn Park62110-43.6%$255,000$235,2508.4%
Osseo31200%$255,000$150,00070%
New Hope2231-29%$246,000$254,000-3.1%

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