Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mound area can be challenging. Home prices in Mound are now at a median cost of $293,589, higher than the Minnesota average of $269,934.
The average cost of rent is $995/mo in Mound, primarily driven by the current value of real estate in the Mound area. While nearly 20.28% of residents own their homes outright in Mound, 25.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mound is $7,188 per month. Households that rent pay about 13.84% of their income on rent here. Mound's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Spring Park, MN: higher priced homes
- Minnetrista, MN: higher priced homes
- Minnetonka Beach, MN: higher priced homes
- Tonka Bay, MN: higher priced homes
- Orono, MN: higher priced homes
- Excelsior, MN: higher priced homes
- Shorewood, MN: higher priced homes
- St. Bonifacius, MN: higher priced homes
- Maple Plain, MN: equally priced homes
- Greenwood, MN: higher priced homes
Cities with Similar Populations
- West Union, OH: less expensive homes
- Hartford City, IN: less expensive homes
- Hartland, MI: less expensive homes
- Haverford, PA: higher priced homes
- Haw River, NC: less expensive homes
- Hayesville, NC: less expensive homes
- Hayward, WI: less expensive homes
- Hazlehurst, MS: less expensive homes
- Hickam Housing, HI: higher priced homes
- Hillsboro, TX: less expensive homes
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