Living in Mounds View, MN
Mounds View, MN, is a family-friendly suburb with a strong sense of community, excellent schools, and abundant outdoor recreation options. Residents enjoy easy access to both urban amenities in the Twin Cities and a peaceful suburban lifestyle. With its well-maintained parks, diverse shopping, and dining, Mounds View offers a balanced and enriching living experience.
Current Market Conditions in Mounds View, MN
The Mounds View real estate market remains strong with steady demand for homes, characterized by a mix of single-family residences and townhomes suitable for families, professionals, and retirees alike. Recent trends indicate an increase in buyer activity fueled by competitive mortgage rates and a growing interest in suburban living.
As of late 2023, Mounds View's housing inventory remains relatively low, resulting in a competitive market. Prices have stabilized over the past quarter, but properties are still selling quickly, often within days of listing, particularly desirable locations near schools and parks.
Home Value Estimator For Mounds View, MN
There are currently 922 real estate properties
in Mounds View, MN,
with a median automated valuation model (AVM) price
of $311,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mounds View, 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 Mounds View, MN,
is $325,217.00, with the most expensive house
in Mounds View, MN, topping out
at $738,472.00 and the cheapest home
in Mounds View, MN,
clocking in at $154,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mounds View, MN!
Rent Prices
In Mounds View, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mounds View, MN, is on
a rollercoaster ride. The
average rent price in Mounds View, MN,
is $1,590.00. Indeed, when looking to rent in
Mounds View, MN, you can expect to pay as little
as $1,080.00 or as much
as $2,060.00,
with the average rent median estimated to
be $1,600.00. The good news is that finding
an affordable and desirable property to rent in Mounds View, 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.