$3,859 Closing Credit*
$325,000
2,054 SqFt
4 Beds
•1 Full Bath
Listing Office: Real Estate Masters, Ltd.
Is Mounds View, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mounds View has remained a Seller's Market.
Key Takeaway
Mounds View is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mounds View, MN
How much do homes in Mounds View, MN cost?
Median Sold Price
$338,750
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,750(+9.3%)
Key Takeaway
Homes in Mounds View have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Mounds View was $338,750 in October 2024, up 9.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252.4K | $248K | -1.8% |
| 3 Bedrooms | $307K | $320K | +4.2% |
| 4 Bedrooms | $372.6K | $392.5K | +5.3% |
| 5+ Bedrooms | $470K | $487.5K | +3.7% |
Summary: Mounds View housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in Mounds View, MN
How many homes are available in Mounds View, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 50 | +4.2% |
Summary: The Mounds View real estate market had 50 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 18 | 23 | +27.8% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mounds View housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 27.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mounds View, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Mounds View in October 2024, up by 38.5% month-over-month. Of the 18 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Mounds View, MN
How long does it take to sell a home in Mounds View, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 32 Days | +25.5% |
Summary: Homes in Mounds View had an average of 32 days on market in Oct 2024, up by 25.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mounds View are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Mounds View; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
