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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Mounds View, MN Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Mounds View, MN Housing Market Trends

With 12,636 people, 5,161 houses or apartments, and a median cost of homes of $355,709, Mounds View real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Mounds View, accounting for 53.18% of the city's housing units. Other types of housing that are prevalent in Mounds View include large apartment complexes or high rise apartments ( 26.46%), mobile homes or trailers ( 8.57%), and a few row houses and other attached homes ( 5.95%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mounds View. Owner-occupied housing accounts for 66.71% of Mounds View's homes, and 53.54% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mounds View built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Mounds View built between 1940-1969 ( 30.64%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.05%). There's also some housing in Mounds View built before 1939 ( 2.24%).

Mounds View Home Appreciation Rates

Mounds View's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Mounds View during the period has been just 5.63%, which is lower than 70% of US communities.

Over the last year, Mounds View appreciation rates have trailed the rest of the nation. In the last twelve months, Mounds View's appreciation rate has been 0.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mounds View were at 2.27%, which equates to an annual appreciation rate of 9.37%.

Relative to Minnesota, our data show that Mounds View's latest annual appreciation rate is lower than 80% of the other cities and towns in Minnesota.

Average Home Values

Median Home Value

$355,709

Mounds View, MN Home Prices
> $1,232,000
$924,001 - $1,232,000
$617,001 - $924,000
$493,001 - $617,000
$370,001 - $493,000
$246,001 - $370,000
$123,001 - $246,000
$62,001 - $123,000
$0 - $62,000
0.0%
0.0%
0.3%
0.3%
2.7%
2.7%
6.9%
6.9%
28.4%
28.4%
36.1%
36.1%
10.5%
10.5%
3.9%
3.9%
11.4%
11.4%
0% 100.0%
% of Homes
High

for Minnesota

High

for nation

Number of Homes And Apartments:

5,161

Mounds View Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,703 / per month

Homeownership Rate

Owners
Renters
66.7%
66.7%
33.3%
33.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.7%
3.7%
96.3%
96.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.1%
14.1%
53.1%
53.1%
30.6%
30.6%
2.2%
2.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
53.2%
53.2%
6.0%
6.0%
5.8%
5.8%
26.5%
26.5%
8.6%
8.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.4%
1.4%
11.6%
11.6%
29.5%
29.5%
30.2%
30.2%
23.3%
23.3%
4.0%
4.0%
0% 100.0%
% of Homes