Multi-family Homes in Mound, MN

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4 View this home at Westedge Blvd Mound MN 55364
$385,600 EMV
Westedge Blvd
Mound, MN 55364
5 |
EST. RENT: $1,880
AUCTION: 04-23-2024
5 |
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Mound, MN Foreclosures

How much do homes sell for in Mound, MN?
The average home price is currently $673,181.
In Mound, MN, how many homes are available?
There are currently 5,943 active home listings available in Mound.
What’s the average rental cost in Mound, MN?
The average rental price in Mound is $2,198.
What is the most expensive home in Mound, Minnesota?
The most expensive home sold in Mound had a price of $6,309,890.
What is currently the cheapest priced home in Mound, MN?
The cheapest home for sale in Mound is priced at $53,591.

Home Value Estimator For Mound, MN

There are currently 5,943 real estate properties in Mound, MN, with a median automated valuation model (AVM) price of $415,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mound, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mound, MN, is $673,181.00, with the most expensive house in Mound, MN, topping out at $6,309,890.00 and the cheapest home in Mound, MN, clocking in at $53,591.00. In other words, there’s something for every potential homebuyer or savvy investor in Mound, MN!

Rent Prices In Mound, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mound, MN, is on a rollercoaster ride. The average rent price in Mound, MN, is $2,198.00. Indeed, when looking to rent in Mound, MN, you can expect to pay as little as $730.00 or as much as $4,380.00, with the average rent median estimated to be $1,990.00. The good news is that finding an affordable and desirable property to rent in Mound, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Mound, MN In 2024

Mound is located in Hennepin, Minnesota, with an estimated municipal population of 9,509 residents. All of the best foreclosed homes for sale in Mound are located in the following zip code areas on 55364. The estimated population per square kilometer (.62 miles) in Mound is 1,283.

Cost Of Living In Mound, MN

So, about how much do homes cost in Mound? The most recent median value of resident-owned homes in Mound is 260,354. An estimated 72 percent of households in Mound own their homes, with an average family size of 2.75. The median household income in Mound is 92,964, with44.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mound, the median commute time of resident workers (in minutes) is 29. And last, but certainly not least, are you looking for homes to rent in Mound? If so, the average rent price paid by renters in Mound is 1,040, according to recent statistics.

Diversity And Demographics In Mound, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Mound, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Mound is 43.5, split between 52.3 percent male versus 47.7 female. The percentage of residents who report being married in Mound is 57.7, with an average family size of 2.75.

The percentage of residents who report their race in Mound is as follows:

White 93.9%
Black / African American 0.6%
Asian 2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.5%
Other 0.1%

Looking for family-friendly neighborhoods in and/or near Mound? Or maybe you are searching for 55+ active adult communities in and/or near Mound?

The percentage of residents who report their age in Mound is as follows:

Under 10 11.7%
Aged 10-19 8.3%
20s 10.4%
30s 15.5%
40s 13.7%
50s 20.3%
60s 12.6%
70s 6.4%
80+ 1.3%

Best Schools In Mound, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Mound with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Mound.

Pros And Cons Of Living In Mound, Minnesota

How do you know that living in -- or moving to -- Mound is right where you need to be? Perhaps you grew up in Mound or already live nearby; therefore, the decision to buy a home in Mound is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Mound for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Mound:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Mound.

Reasons To Move To Mound, Minnesota, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Mound can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Mound, meanwhile, can field multiple offers from more qualified buyers.

Mound, MN Multi-family Homes Foreclosures


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