Mound Market Check In | Real Estate Data December 2025
Live market check in

[Updated December 2025] Mound Market Check In

Real numbers for Mound, Minnesota so you can decide whether to list, buy, hold, or just keep an eye on the lake and wait.

This page pulls directly from Minneapolis Area Realtors data along with trusted sources like Redfin, Zillow and Realtor.com to give you a clear snapshot of prices, days on market, and inventory in Mound right now.

Mound sits on the western shores of Lake Minnetonka, about twenty miles west of Minneapolis, with Westonka schools and more than a thousand docks shaping how the local market behaves.

Median sale price (Oct 2025) $457,900
Rolling 12 mo median $405,000
Avg days on market (Oct) 35 days
% of list price received ~97%
MLS + portal data blended
Focus on Mound 55364 and Lake Minnetonka
For people actually buying and selling
Market pulse & pricing
$457,900
Oct median sale price
Rolling 12 month median around $405,000. Average sale price over the last year is a bit above $600,000, thanks to higher priced lake and near lake homes pulling up the average.
Up roughly 9–10% year over year
Very competitive west metro submarket Lake influence on prices Most homes near list price

Based on October 2025 Minneapolis Area Realtors local market update and rolling twelve month stats for Mound.

Supply & demand snapshot
2.9 months
Latest inventory reading
About forty five active listings in October and stronger sales than a year ago mean Mound still leans toward sellers, but with more breathing room for buyers than in peak frenzy years.
Inventory higher than last year, prices still rising

Under four months of supply typically signals a seller leaning market around Lake Minnetonka.

Key Mound MN housing metrics

What the numbers say about Mound right now

Here are the core data points we watch for buyers and sellers in Mound and the western Lake Minnetonka area.

Tip: Pair these numbers with your own timeline and plans. Data is the starting point, not the whole story.

Median sale price – last month Rising
$457,900
October 2025 single family and townhomes closed in Mound. Year over year, that is close to a ten percent increase.
Median sale price – rolling year Up ~9%
$405,000
The twelve month median smooths out the lake heavy months and shows more ordinary move up and first time homes mixed in.
Average sale price – rolling year Lake driven
$601,685
Higher priced lake and near lake homes push the overall average well above the median. It is a good reminder to look at both.
Average days on market (Oct) Balanced pace
35 days
Quick compared to historic norms but slower than the ultra tight 2021 market. Rolling twelve month average sits around forty six days.
Percent of list price received Seller leaning
96–97%
On average, sellers in Mound have been landing very close to their asking price, especially when priced correctly out of the gate.
Months of inventory Under 3 months
2.9 months
Less than three months of supply keeps upward pressure on prices, though it is more comfortable than the one month levels seen a couple of years ago.
Lake Minnetonka context

How Mound compares to nearby west metro cities

When you compare Lake Minnetonka communities, it helps to see where Mound sits on price.

City Approx average home value Lake feel
Mound ~$370,000 West Lake Minnetonka, strong dock culture
Waconia ~$449,000 Lake Waconia, growing downtown
Victoria ~$599,000 Newer builds, lakes and parks
Minnetrista ~$673,000 Acreage, lake and golf
Orono ~$1,094,000 Premium Lake Minnetonka shoreline
Excelsior ~$820,000 Boutique downtown on the water

These averages are based on recent home value estimates from major portals and rounded for simplicity. They shift over time, but the pattern is clear: Mound delivers Lake Minnetonka access at a more approachable price point than many east side cities.

Local life in the numbers

What it feels like to live in Mound at these prices

Neighborhoods, lakes and daily life

Mound wraps around the western side of Lake Minnetonka with pockets on Dutch Lake, Lake Langdon, Seton Lake and Black Lake. You will see everything from charming 1950s cabins and split levels to new construction infill and townhome communities.

The Westonka Public Schools serve Mound and nearby Minnetrista and Spring Park, with a reputation for strong academics and a close knit community feel. Many families choose Mound for that blend of lake lifestyle, solid schools and a manageable commute toward Highway 12 or 394.

For everyday errands, you have local shops, Surfside Park and trails, with larger retail and dining in nearby Minnetonka, Wayzata and Chanhassen.

How far your money goes in Mound

  • Around the median, many buyers land a three bed, two bath home that may have partial lake views, neighborhood dock access or a short walk to the water.
  • Entry level buyers have more options here than in many other Lake Minnetonka cities, especially in non lakefront neighborhoods a few blocks off the shoreline.
  • On the higher end, updated lakefront and long water views can climb into the seven figures, particularly with newer builds or larger lots.
  • Townhomes and one level living options exist for downsizers who want the lake nearby without heavy yard work.
Quick payment check

What a typical Mound home might look like monthly

Use this simple calculator with the current median prices plugged in. Adjust to match your own budget.

Estimate a payment on the Mound median

Start with the recent monthly median sale price in Mound ($457,900) or type your own price below. This is a rough estimate and not a loan offer.

Taxes, insurance and association dues can vary a lot in Mound, especially for lakefront and townhouse communities.
Estimated principal and interest: $2,892 / month
Always confirm numbers with your lender. This is a simple payment illustration based on the inputs you provide.

Mound MN real estate FAQs

Quick, local answers about pricing, timing and what to expect when you buy or sell a home in Mound and the nearby Lake Minnetonka west metro.

The latest median sale price is in the mid four hundreds, with a rolling twelve month median near four hundred thousand dollars. Lake influence means specific neighborhoods can sit higher or lower than that range.
Mound is still a competitive market, especially for well priced homes near the lake or in move in ready condition. Expect strong interest on homes that show well and are priced realistically.
Recent data shows homes taking about one to one and a half months to sell on average. Some lakefront or higher end properties may take longer depending on price and condition.
Yes, prices are still trending upward year over year, though at a steadier pace than the spikes during the pandemic years. The combination of limited shoreline and solid demand keeps values supported.
Many non lakefront homes close between roughly three hundred fifty thousand and six hundred thousand dollars. Lakefront and fully updated homes can push higher, especially with larger lots or big water views.
Mound tends to be more affordable than Orono, Excelsior, Minnetonka Beach and some east side cities, while still offering true Lake Minnetonka access. That balance is a big reason buyers search here when they want value near the water.
For many owners it can be, because prices are up and inventory is still under three months. CJ and Katy Norman with Norman Homes can look at your specific home and timing to see whether listing now makes sense.
Spring through early summer is often the sweet spot for showing off yards, decks and lake access. Fall can also work well if you price correctly and lean into cozy lake lifestyle photos.
Buyers often ask for updated kitchens and baths, good mechanicals, flexible spaces for remote work and functional mudrooms. CJ and Katy Norman can help you prioritize updates that matter most in our local market.
They can be off by quite a bit because algorithms struggle with lake proximity, dock rights and unique lots. Use them as a ballpark, then rely on local comps and a detailed market analysis.
Start by comparing recent nearby sales that match your style, size and condition, then adjust for location and updates. CJ and Katy Norman can prepare a custom valuation that accounts for Lake Minnetonka and neighborhood nuances.
Many buyers set aside roughly three to four percent of the purchase price for closing costs. Your exact number will depend on loan type, down payment and whether you receive any seller credits.
Taxes depend on the value, school district, and any special assessments on your parcel. A local lender or title company can give a precise estimate for a specific address once you are serious about a home.
Yes, Mound is served by Westonka Public Schools, which are well regarded in statewide ratings. Many families move here specifically for the blend of strong schools and Lake Minnetonka lifestyle.
Three Points, The Island, Grandview, Shirley Hills and pockets along Bartlett Boulevard all offer close access to the water. Each micro area has its own price points and dock options.
Lakefront purchases add questions about shoreline rules, dock placement, bay depth, ice movement and wake. CJ and Katy Norman can help you review surveys, city rules and past lake history before you offer.
Many commuters plan for thirty five to forty five minutes via County Road 15 and Highway 12 or 394. Weather and rush hour traffic can stretch that, so it helps to test drive your route.
Yes, many first time buyers appreciate that Mound offers lake access with more modest price points than some neighboring cities. Norman Homes can help you sort through options that fit your budget and lifestyle.
The number floats, but it is often a few dozen active listings at any given time. Updated MLS searches are the best way to see today’s count by price range and lake proximity.
Months of inventory shows how long it would take to sell everything currently listed if no new homes came on the market. Around three months in Mound still tilts toward sellers but gives buyers a bit more choice than in ultra tight years.
Multiple offers are still common on clean, well priced homes near the lake or in popular school zones. CJ and Katy Norman can help you prepare and position your listing to capture that demand.
Many people prefer to sell first to avoid carrying two mortgages, but others use bridge or home equity financing to buy before they list. Norman Homes can walk through the pros and cons based on your finances and comfort level.
You can tighten contingencies, offer flexible closing dates and increase earnest money rather than just raising price. CJ and Katy Norman with Norman Homes can craft a strategy that balances strength and protection.
Inspectors often flag older roofs, original windows, foundation and moisture concerns and aging furnaces or air conditioners. Addressing high impact items ahead of time can keep your deal from falling apart.
Look for a Realtor who knows Lake Minnetonka micro markets, uses current data and communicates clearly. CJ and Katy Norman focus on guiding Mound buyers and sellers through pricing, preparation and negotiation with that local lens.

Ready to move from numbers to a plan for your home in Mound or the Lake Minnetonka west metro?

Use the contact form on this page to tell us if you are planning to buy, sell, or both in the next twelve months. Share a few details about your home or search, and we will follow up with a short, data backed game plan tailored to you.

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