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Saturday, November 2, 2024

Pricing for the median home in Mound increased during January 2021

Realestate4

The median sale price of a home sold in January 2021 in Mound rose by $39,950 while total sales decreased by 80%, according to BlockShopper.com.

In January 2021, there were two homes sold, with a median sale price of $314,950 - a 14.5% increase over the $275,000 median sale price for the same period of the previous year. There were 10 homes sold in Mound in January 2020.

The median sales tax in Mound for the most recent year with available data, 2019, was $3,196, approximately 1% of the median home sale price for January 2021.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Rogers46-33.3%$386,500$281,87537.1%
Minnetonka836-77.8%$385,000$432,000-10.9%
Plymouth851-84.3%$377,500$355,0006.3%
Eden Prairie1241-70.7%$361,250$450,000-19.7%
St. Anthony12-50%$334,000$194,707.5071.5%
Mound210-80%$314,950$275,00014.5%
St. Louis Park1644-63.6%$311,725$302,2503.1%
Champlin321-85.7%$310,500$262,00018.5%
Richfield721-66.7%$308,000$274,00012.4%
Minneapolis118244-51.6%$304,388.50$278,7009.2%
Hopkins314-78.6%$297,000$212,50039.8%

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