177 homes sold in Mound in the last year, at a typical $402K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mound homes are listed.
Every place Mound homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mound.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
11% of Mound’s sales are condos, at $134K less than a house
141 houses and 20 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 141 sold in 12 months
- Per square foot
- $249MN $191
- Days to sell
- 34
- Sold over asking
- 32%
- Listings with a price cut
- 36%
typical sale · 20 sold in 12 months
- Per square foot
- $260MN $205
- Days to sell
- 121
- Sold over asking
- 0%
- Listings with a price cut
- 28%
Multi-family (2–4 units): 3 sold, typical $440K
Townhouses: 13 sold, typical $401K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.7 times the 2016 price
177 sales in the last year, against 280 in 2016 and a low of 184 in 2022. The typical sale went from $233K in 2016 to $402K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Mound
Check a listing against what Mound homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Mound are back to pre-pandemic levels, with about as many homes for sale
We read every month of Mound’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 177 sales.
If you’re buying in Mound
- Shop in August. It brings about 25 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
- You can negotiate. 32% of listings have cut their price, against 28% before the pandemic.
- Bid near asking. Buyers paid 99.2% of the list price on average; 28% paid over.
- You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 38 days.
Spring brings the homes; summer brings the bidding wars
April has the most new listings (about 29 a month), but July is the most competitive: 39% of July sales close over asking. August offers nearly as much choice with fewer homes bid up (31%). January has the least competition (25%) but only about 13 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Minnesota as a whole
| Mound now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 28% | 29% | 58% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 35% | 42% | 63% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 32% | 28% | 21% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 99.2% | 98.7% | 102.7% | 99.2% |
| Days to sellMedian days from listing to contract | 38 | 36 | 14 | 35 |
50 homes for sale on a typical day
That’s 2.7 times the 2021 low (19), about the 2017–19 level and well under 2012’s 98.
1 in 3 listings has cut its price
32% in the last year, against 28% in 2017–19 and 28% across Minnesota.
Since 2019, houses are up 68%, condos 124%
A house typically sold for $483K in the last year (141 sales), a condo for $349K (20).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Mound ranks 102nd of 144 busy Minnesota markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Mound is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Mound home costs about $2,421 a month
Price: Mound’s typical sale, last 12 months. Property tax at Mound’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mound is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $402K home, about $3,880 a year.
Taxes vs. neighborsSchools
The schools grade for Mound, from test results, graduation and how much students grow.
Schools in MoundCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Minnetrista, Victoria and St. Bonifacius sell for less a square foot; Tonka Bay and Orono for far more
The busier markets within 25 miles of Mound, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Victoria | 280 | $643K | $218 | 22% | 51 |
| Minnetrista | 203 | $665K | $216 | 21% | 73 |
| Mound | 177 | $402K | $242 | 28% | 38 |
| Orono | 135 | $1.2M | $351 | 16% | 60 |
| Shorewood | 122 | $913K | $284 | 25% | 54 |
| St. Bonifacius | 33 | $334K | $186 | 30% | 34 |
| Tonka Bay | 30 | $1.1M | $426 | 27% | 20 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Mound, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mound. People who follow the town see it, and so do people comparing Mound with their own town. No commission, no listing fee.
Questions about buying a home in Mound
What do homes sell for in Mound, MN?
177 homes sold in the year to May 2026 at a typical $402K, $242 a square foot. Houses sold for about $483K, condos for about $349K.
Is Mound a buyer’s or seller’s market?
A balanced market: 50 homes were for sale in May 2026 and 10 sold, about 5 months of supply. Buyers paid 99.2% of asking on average, and 32% of listings cut their price.
When is the best time to buy in Mound?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Mound?
About 1% of a home’s value a year. On a $402K home that’s near $3,880.
Where can I see homes for sale in Mound?
Zillow, Redfin, Realtor.com and Homes.com all carry Mound’s MLS listings; the search links above open each one filtered to Mound.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).