Market Overview
Home Prices in Mounds View, MN
The median home value in Mounds View, MN is $351,590 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 0.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mounds View are priced14% below average. Mounds View is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Mounds View home values have risen by approximately13.1%, reflecting steady appreciation in this market.
Price History
Mounds View Home Price Trend
City Comparison
Mounds View vs. National Median
At $351,590, homes in Mounds View cost 14% below the national median of $410,000. This makes Mounds View a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mounds View?
20% Down Payment
$70,318
on $351,590
Monthly P&I
$1,834/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,329/mo
incl. taxes & insurance
Income Needed
$93,160
gross annual (30% rule)
10% Down Option
$35,159
+ PMI applies
Loan Amount (20% dn)
$281,272
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mounds View, MN?
The median home value in Mounds View is $351,590 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Mounds View?
Over the past year, home values in Mounds View have increased by 1.5%. Over five years, prices have risen approximately 13.1%.
How much do I need to earn to buy a home in Mounds View?
To comfortably afford the median home price of $351,590 with a 20% down payment ($70,318) at today's rates (6.8%), you'd need a gross annual income of approximately $93,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Mounds View compare to the national average home price?
The national median home value is approximately $410,000. At $351,590, homes in Mounds View are 14% below the national average.
What metro area is Mounds View part of?
Mounds View is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.