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Featured local agent — Mound, MN
Sarah Mitchell
Compass Real Estate · Mound, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mound, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$445,619median sale price
How is the Mound, MN housing market right now?
The median home sale price in Mound, MN is $445,619, up 41.9% year-over-year. Homes sell in an average of 55 days with 50 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mound a buyer's or seller's market?
Mound, MN is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
55
Average pace
Active listings
50
5.0 months supply
Sale-to-list
98.0%
Below asking
What does the Mound housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $445,619 |
| Median list price | $499,900 |
| Year-over-year price change | +41.9% |
| Average days on market | 55 days |
| Active inventory | 50 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $304/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 29 |
| Listings with a price cut | 32.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Mound by property type?
How the Mound, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $433,619 | $304/sq ft | 2 | 86 days |
| Townhouse | $352,000 | $271/sq ft | 2 | 155 days |
Source: Redfin · Updated monthly
The Mound housing market is currently classified as a leaning buyer's with a median sale price of $445,619. Prices have risen 41.9% compared to last year, with homes spending an average of 55 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Mound
There are currently 50 homes listed for sale in Mound, Minnesota. The median listing price is $500K.
Active listings
50
Homes on market
Median list price
$500K
Avg. days on market
55
Days until sale
New this week
29
Newly listed
Who lives in Mound?
Population
9,176
Median income
$91,370/yr
Median age
45.6 years
Owner-occupied
74.8%
College grads
42.9%
Avg commute
30.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Mound?
Zillow home value
$389,403
Zillow rent index
$2,249/mo
Price-to-rent ratio
14.4x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Mound?
Mound is a community of approximately 9K residents with a median age of 45.6 years.The median household income is $91,370, which reflects a relatively affluent area with strong earning potential. 42.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 74.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Mound offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mound?
2 schools tracked · 994 students
The largest public schools serving Mound, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GRANDVIEW MIDDLE SCHOOL
Grades 5-7 · 549 students
SHIRLEY HILLS PRIMARY SCHOOL
Grades K-4 · 445 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mound, MN?
Want a head-to-head view? Compare Mound side-by-side with any other U.S. city using our market-comparison tool.
Is Mound a good real estate investment market?
For investors evaluating Mound, the price-to-rent ratio of 14.4x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 41.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Mound's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Mound's median home price.
Frequently asked questions
What is the average home price in Mound?
The median home sale price in Mound is $445,619, up 41.9% from last year.
How long do homes stay on market in Mound?
Homes typically spend 55 days on market before going under contract.
What is the median income in Mound?
The median household income is $91,370 per year.
Is Mound a buyer's or seller's market?
With 5.0 months of supply, Mound is currently a leaning buyer's.
What is the Zillow home value estimate for Mound?
The Zillow Home Value Index (ZHVI) for Mound is $389,403, representing the typical home value in the area.
What is the median condo price in Mound?
The median condo/co-op sale price in Mound, MN is $433,619, based on the latest Redfin data.
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