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Preforeclosure Homes in Mound, MN 55364

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Mound, MN Foreclosures

How much do homes sell for in Mound, MN?
The average home price is currently $803,266.
In Mound, MN, how many homes are available?
There are currently 1 active home listings available in Mound.
What’s the average rental cost in Mound, MN?
The average rental price in Mound is $2,196.
What is the most expensive home in Mound?
The most expensive home sold in Mound had a price of $10,207,065.
What is currently the cheapest priced home in Mound, MN?
The cheapest home for sale in Mound is priced at $11,877.

Living in Mound, MN

Mound, MN is a picturesque lakeside town nestled on the shores of Lake Minnetonka, offering a blend of outdoor recreation and suburban charm. This thriving community features excellent schools, vibrant local businesses, and easy access to major highways for convenient commuting. Enjoy the beauty of the waterfront lifestyle, abundant parks, and a strong community spirit.

Current Market Conditions in Mound, MN

The real estate market in Mound, MN has shown stability over the past few years, with home prices appreciating at a consistent rate. The local market attracts both families looking for spacious homes and retirees seeking a peaceful lakeside environment, contributing to a healthy demand for properties.

Current trends indicate a competitive market due to low inventory levels, prompting buyers to act quickly when homes list. Renovated homes near the lake are particularly sought after, showcasing the desire for waterfront living.

Home Value Estimator For Mound, MN

There are currently 6,254 real estate properties in Mound, MN, with a median automated valuation model (AVM) price of $507,822.00. 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 $803,266.00, with the most expensive house in Mound, MN, topping out at $10,207,065.00 and the cheapest home in Mound, MN, clocking in at $11,877.00. 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 $2,196.00. 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.

Mound, MN 55364 Preforeclosure Homes


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