Mound, MN Foreclosures
How much do homes sell for in Mound, MN?
The average home price is currently $743,140.
In Mound, MN, how many homes are available?
There are currently 12 active home listings available in Mound.
What’s the average rental cost in Mound, MN?
The average rental price in Mound is $2,211.
What is the most expensive home in Mound?
The most expensive home sold in Mound had a price of $6,614,331.
What is currently the cheapest priced home in Mound, MN?
The cheapest home for sale in Mound is priced at $12,218.
Living in Mound, MN
Mound, MN is a picturesque city on the shores of Lake Minnetonka, offering a blend of small-town charm and modern convenience. With excellent schools, beautiful parks, and numerous recreational activities, it is an ideal place for families and individuals alike. Its proximity to the Twin Cities ensures easy access to urban amenities while maintaining a peaceful, community-oriented atmosphere.
Current Market Conditions in Mound, MN
The real estate market in Mound, MN has shown promising growth over the past year, with an increasing demand for homes in the area. The combination of scenic lakes, suburban living, and strong community ties is attracting more buyers, resulting in a competitive market.
Homes in Mound are typically seeing moderate appreciation, driven by high demand and low inventory levels. Many buyers are interested in waterfront properties, which remain highly sought after. New developments are also starting to emerge, catering to the surge of interest.
Home Value Estimator For Mound, MN
There are currently 5,297 real estate properties
in Mound, MN,
with a median automated valuation model (AVM) price
of $455,500.00. 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 $743,140.00, with the most expensive house
in Mound, MN, topping out
at $6,614,331.00 and the cheapest home
in Mound, MN,
clocking in at $12,218.00. 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 $2,211.00. 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 $2,010.00. 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.
Learn more on Foreclosure homes
