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Mound, MN Real Estate


According to census data in the year 2000 there were 4,118 housing units in Mound. This represents a 3.9% growth from 3,965 in 1990.

Of those housing units, 4,118 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mound is about 80.6%. Mound's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Mound were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom15.50%
Two Bedrooms25.80%
Three Bedrooms38.70%
Four Bedrooms15.60%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1969
Median Value of occupied units$140,300
Median Price asked for vacant units$420,800

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1971
Median Monthly Rent asked for vacant units$558

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.40%
Second Mortgage14.10%
Home Equity Loan11.90%
Simple Mortgage60%
Debt Free12.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20%