Mounds View, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Mounds View Neighborhoods Since 2000




Mounds View, MN Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Mounds View Housing Market Information

With a population of 12,914, 4,838 total housing units (homes and apartments), and a median house value of $217,023, 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 53.96% of the city's housing units. Other types of housing that are prevalent in Mounds View include large apartment complexes or high rise apartments ( 24.58%), mobile homes or trailers ( 12.70%), and a few row houses and other attached homes ( 5.92%).

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 68.41% of Mounds View's homes, and 54.93% 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 ( 36.53%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.22%). There's also some housing in Mounds View built before 1939 ( 3.33%).

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 -1.35%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Mounds View's appreciation rate, at 5.14%, has been at or slightly above the national average. In the latest quarter, Mounds View's appreciation rate has been 1.44%, which annualizes to a rate of 5.89%.

Relative to Minnesota, our data show that Mounds View's latest annual appreciation rate is higher than 60% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$217,023

Mounds View, MN HOME PRICES

Value Range
> $1,162,000 0.1
$871,001 - $1,162,000 0.3
$581,001 - $871,000 0.9
$465,001 - $581,000 1.3
$349,001 - $465,000 3.3
$232,001 - $349,000 24.5
$116,001 - $232,000 44.3
$58,001 - $116,000 7.9
$0 - $58,000 17.4

High for MN
High for Nation

Value Relative to Nation Value Relative to State
28.3136060002344 32.8542094455852

Number Of Homes And Apartments:
4,838

Mounds View Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
29.03% 1.49% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,078 / per month

Homeownership Rate

Homeownership
Owners 68.41
Renters 31.59
Vacant 4.58

Housing Market Details

 

Age of Homes

AGE OF Mounds View HOMES
2000 or Newer 8.2
1970 - 1999 51.9
1940 - 1969 36.5
1939 or Older 3.3

Types of Homes

TYPE OF Mounds View HOMES
Single-Family 54.0
Townhomes 5.9
Small Apt. Buildings 2.8
Apt. Complexes 24.6
Mobile Homes 12.7
Other 0.0

Home Size

SIZE OF Mounds View HOMES
No Bedroom 0.77
1 Bedroom 13.25
2 Bedrooms 28.68
3 Bedrooms 35.31
4 Bedrooms 19.63
5 or more bedrooms 2.37