Inver Grove Heights, MN housing market
The typical Inver Grove Heights home is worth about $375,000, up 2% in a year, 7% above the Minnesota typical home. Homes typically sell in 30 days, close to asking.
Home values, sales, trends and how Inver Grove Heights compares with the towns next door — updated as new data is published.
Inver Grove Heights at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Inver Grove Heights | Minnesota |
|---|---|---|
| 2017 | $251,000 | $217,000 |
| 2018 | $265,000 | $232,000 |
| 2019 | $279,000 | $246,000 |
| 2020 | $294,000 | $259,000 |
| 2021 | $318,000 | $282,000 |
| 2022 | $352,000 | $313,000 |
| 2023 | $356,000 | $325,000 |
| 2024 | $357,000 | $331,000 |
| 2025 | $367,000 | $341,000 |
| 2026 | $374,000 | $349,000 |
| August 2026 | $375,000 | $351,000 |
Inver Grove Heights and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Inver Grove Heights | $375K | +2% | 30 | $101,316 |
| South St. Paul | $300K | +2.9% | 15 | $87,994 |
| Eagan | $402K | +1.8% | 18 | $108,690 |
| Sunfish Lake | $1.25M | +4.6% | — | $236,250 |
| West St. Paul | $321K | +2.7% | 23 | $68,464 |
| St. Paul Park | $319K | +2.3% | 14 | $100,642 |
| Cottage Grove | $399K | +1.8% | 19 | $120,791 |
3.7 years of income
The typical Inver Grove Heights home costs about 3.7 years of the town's median household income, about the same as across Minnesota (3.9).
How Inver Grove Heights ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.