Mound, MN

Full City Profile · Minnesota · Carver County County

4.5 /5.0
A+ Excellent
9,176 Population 3,208/sq mi density
$91,370 Median Income $73,295 per capita
$348,600 Home Value $381,471 Zillow
$1,119 Median Rent 25.0% income on rent
47°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.5 / 5.0
$91,370 median income, 4.1% unemployment
A+
Affordability
4.5 / 5.0
$348,600 home value, $1,119/mo rent
A
Education
4.4 / 5.0
42.9% bachelor's degree or higher

Housing Overview

Median Home Value
$348,600
24% above
US avg: $281,900
Median Rent
$1,119/mo
4% below
US avg: $1,163/mo
Homeownership Rate
74.8%
14% above US avg (65.4%)
Total Housing Units
4,660
Median year built: 1972

Home Value by Source

Census Median
$348,600
Zillow (ZHVI)
$381,471
Redfin Median Sale
$415,000
Median Sale Price
$415,000
Median List Price
$447,111
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.8%
Owner-Occupied
25.2%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $1,119/mo · Zillow rent: $1,495/mo

Market Indicators (Redfin)

Median Sale Price
$415,000
Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
26.7%
of listings with price reduction
Price Per Sq Ft
$302
Active Inventory
45
homes for sale

Affordability & Housing Stock

Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
74.8%

Complete Housing Data

Home Values

Census Median Value$348,600
Zillow Home Value (ZHVI)$381,471
Redfin Median Sale$415,000
Median Sale Price$415,000
Median List Price$447,111
Price Per Sq Ft$302

Rent

Census Median Rent$1,119
Zillow Rent (ZORI)$1,495
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market46
Sale-to-List Ratio1.0%
Price Drops26.7%
Homes Sold5
Active Inventory45
Price Per Sq Ft$302

Ownership & Stock

Owner-Occupied74.8%
Renter-Occupied25.2%
Homeownership Rate74.8%
Total Housing Units4,660
Median Year Built1972
Rent Burden25.0%