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Compare cities · September 2026

Medicine Lake vs. Mound

Homes in Medicine Lake sold for a median $1,480,000 over the 12 months through September 2026, 255% more than in Mound ($416,400). Homes sold faster in Mound: 69 days on market on average, against 100 in Medicine Lake. Mound's homes are newer, with a median year built of 1973 against 1966. Medicine Lake is closer to downtown Minneapolis: about 16 minutes by car, against 36. The two are about 13 miles apart.

Hennepin County

Medicine Lake

$1,480,000median sale price

Hennepin County

Mound

$416,400median sale price

Housing market, 12 months through September 2026

MeasureMedicine LakeMound
Median sale price$1,480,000$416,400
Change from a year earlier+41.6%+4.8%
Homes sold4166
Days on market10069
Share of original list price95.4%96.7%
Price per square foot$441$322
New listings6273
Homes for sale (September 2026)160
Months of supply (September 2026)0.84.5

Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

The homes

MeasureMedicine LakeMound
Median home value (owner estimate)$1,083,300$370,800
Median year built19661973
Single-family homesShare of all housing units, detached houses93%80%
Owner-occupied homes81%75%
Median rent$1,150$1,098

Source: US Census Bureau, American Community Survey 2020–2024.

The place

MeasureMedicine LakeMound
Population (2024)1,3439,031
Land area0.2 sq mi2.9 sq mi
Drive to Downtown Minneapolis16 min36 min
Drive to Downtown Saint Paul30 min49 min
Drive to MSP Airport30 min46 min
Drive to Mall of America27 min42 min
Drive to University of Minnesota21 min40 min
Average commute to work17.3 min31 min
Lakes of 10+ acresMinnesota DNR lake outlines touching the city15

Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).

Medicine Lake

School districts: Wayzata Public School District

Largest lakes: Medicine Lake (924 acres)

Mound

School districts: Westonka Public School District

Largest lakes: Lake Minnetonka (14,206 acres), Dutch Lake (175 acres), Langdon Lake (143 acres), Lost Lake (49 acres), Saunders Lake (33 acres)

How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.

Quick answers

Medicine Lake or Mound?

Is Medicine Lake or Mound more expensive?

Medicine Lake. The median sale price was $1,480,000 there and $416,400 in Mound over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.

Where do homes sell faster, Medicine Lake or Mound?

Mound: 69 days on market on average against 100, over the 12 months through September 2026.

Which is closer to downtown Minneapolis?

Medicine Lake, about 16 minutes by car in light traffic (36 from Mound). To downtown Saint Paul: 30 minutes from Medicine Lake, 49 from Mound.

How far apart are Medicine Lake and Mound?

About 13 miles in a straight line between their centers.

Which has more lakes, Medicine Lake or Mound?

Mound has more: 1 lakes of 10+ acres touch Medicine Lake (largest: Medicine Lake) and 5 touch Mound (largest: Lake Minnetonka), by Minnesota DNR lake outlines.

Which school districts serve Medicine Lake and Mound?

Medicine Lake: Wayzata Public School District. Mound: Westonka Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.

Should I buy in Medicine Lake or Mound?

It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.

Deciding between them?

See homes in Medicine Lake and Mound.

A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.

(612) 843-9620

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