Multi-family Foreclosures in Mound, MN

Current Market Conditions in Mound, MN

The real estate market in Mound has been exhibiting balanced conditions recently, with a consistent increase in home prices due to the area's desirable location and quality living conditions. Buyers should be prepared to act quickly, as homes are selling at a faster pace with various new families moving into the area.

Inventory levels remain relatively low, contributing to a competitive market. Buyers are increasingly interested in properties that offer access to Lake Minnetonka, leading to a spike in home renovations and upgrades as homeowners look to enhance their living spaces.

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 $2,212.00. 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.