Mound, MN 55364 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mound, MN—55364

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$539,000

2.4% YoY Growth

Household Income

$111,000

1.7% YoY Growth

Days on Market

46.0% Longer YoY

Home Price Forecast

-1.6%

Median Rent

$1,540

16.3% YoY Growth

1-Bed Rent

$1,100

0.0% YoY Growth

2-Bed Rent

$1,750

6.5% YoY Growth

3-Bed Rent

$2,200

4.8% YoY Growth

Home Price Trends — Mound, MN

As of May '26, the median home price in Mound, MN is $539,000, with a year-over-year change of 2.4%. This indicates that home prices in Mound, MN are increasing. According to Zillow, the 1-year price projection is -1.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$539,000	2.4%
Single Family	$591,000	3.0%
Condos	$224,000	7.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Mound, MN

As of July '25, Rentcast reports the average rent in Mound, MN is $2,260, with a year-over-year rent change of -16.3%. Per bedroom, the median rent as of July '25 in Mound, MN is studios: $854, 1-bedrooms: $1,160, 2-bedrooms: $1,720, 3-bedrooms: $2,360, 4-bedrooms: $5,170. The most common rental property sizes in Mound, MN are 1-bedroom and 2-bedroom, accounting for 46.5% and 17.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,540	$2,260
Studio Rent	$995	$854
1 Bed Rent	$1,100	$1,160
2 Bed Rent	$1,750	$1,720
3 Bed Rent	$2,200	$2,360
4 Bed Rent	$2,900	$5,170

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% of Rental Stock

Studio

11.6%

1 Bedroom

46.5%

2 Bedrooms

17.9%

3 Bedrooms

13.6%

4 Bedrooms

6.6%

5+ Bedrooms

3.9%

Property Listings — Mound, MN

As of May '26, Realtor.com reports that the median days on market for a home in Mound, MN is 47. This is a increase of 46.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$649,000	8.0%
Listing Count	121	30.0%
Listings as % of Homes	0.6%	30.0%
Days on Market	47	46.0%

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Demographics — Mound, MN

As of the latest ACS Survey released in 2023, Mound, MN has a population of 14,000, which has decreased by -8.6% over the past 5 years. Mound, MN is a moderately popular place for families, as children make up 19.9% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,000	-8.6%
% Under 18	19.9%	-2.0%
% Seniors	20.4%	38.8%
% WFH	23.8%	167.4%
% w/ College Degree	50.0%	-1.6%

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As of the latest ACS Survey released in 2023, Mound, MN is a predominantly white area, with 89.0% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Mound, MN is hispanic, making up 2.4% of the population. Foreign-born residents account for 7.3% of the population in Mound, MN, and this percentage has increased by 92.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	89.0%	-5.8%
% Black	1.4%	366.7%
% Hispanic	2.4%	242.9%
% Asian	1.2%	-29.4%
% Foreign Born	7.3%	92.1%

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Mortgage and Risk — Mound, MN

According to HUD data as of 2023, there were 301 mortgage originations in Mound, MN, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Mound, MN. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	301
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	3.0%
% Second Loans	5.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Mound, MN

As of 2024, the percent of homes in Mound, MN under the Section 8 program is 9.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Mound, MN, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	100
Total Units Section 8	100
% Rentals under Section 8	9.0%
% Occupied Section 8	87.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$200	$1,100	$1,300
2 Bedroom	-$160	$1,750	$1,590
3 Bedroom	-$80	$2,200	$2,120
4 Bedroom	-$530	$2,900	$2,370

Mound, MN—55364

Key Metrics at a Glance

Home Price Trends — Mound, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mound, MN

% of Rental Stock

Property Listings — Mound, MN

Demographics — Mound, MN

Race and Ethnicity

Mortgage and Risk — Mound, MN

Mortgages

Rentals and Section 8 — Mound, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Mound, MN

Home Price to Income Ratio

Mound, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Spring Park, MN

Independence, MN

Saint Bonifacius, MN

Shorewood, MN

Victoria, MN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.6
Median Home Price	$539,000
Median Household Income	$111,000

Mound, MN—55364

Key Metrics at a Glance

Home Price Trends — Mound, MN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mound, MN

% of Rental Stock

Property Listings — Mound, MN

Demographics — Mound, MN

Race and Ethnicity

Mortgage and Risk — Mound, MN

Mortgages

Rentals and Section 8 — Mound, MN

Section 8 Market Size

Section 8 Opportunity

Affordability — Mound, MN

Home Price to Income Ratio

Mound, MN — ZIP Code Boundary Map

Nearby ZIP Codes

Spring Park, MN

Independence, MN

Saint Bonifacius, MN

Shorewood, MN

Victoria, MN

Frequently Asked Questions

What is the average home price in Mound, MN 55364?

How have home prices in Mound, MN 55364 changed over the past year?

What is the home price projection for Mound, MN 55364?

What are the demographics of Mound, MN 55364?

How long does it take homes to sell in Mound, MN 55364?

What is the average rent price in Mound, MN 55364?