Inver Grove Heights, MN Home Values & Market Trends

Real estate market trends reflect that there have been 487 transactions over the past year in Inver Grove Heights. The median value for residential home transactions that occurred over the previous year is $379,093. The number of current listings in Inver Grove Heights is 630, and the percentage of properties for sale in the city is 630.00%. Inver Grove Heights, MN currently has 16 properties in foreclosure, 3 bank owned properties, 13 properties headed for auction, and 630 properties for sale.

Inver Grove Heights, MN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
55076

$ 307,397

$ 191/sqft

55077

$ 609,029

$ 219/sqft

Housing Market Summary for Inver Grove Heights, MN

Sep 2025September 2026Change
Median Listing Price$390K$424.4K8.82%
Median Sold Price$397.3K$320.5K-19.33%
Homes For Sale39962656.89%
Homes Sold172172-
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Inver Grove Heights, MN

Inver Grove Heights home values range from $122,656 to $2,391,856. The median estimated value of a home in Inver Grove Heights is $379,093. The median list price of a home is 424,415, and the total count of properties in the city is 838.

Foreclosure
There are 2 zips within Inver Grove Heights, MN; within these zips, the median estimated home value for homes in foreclosure ranges from $611,093 in 55076 to the lowest value of $204,488 in 55076. Foreclosure homes account for 1.00% of properties in Inver Grove Heights, MN with 55076 containing 13 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Inver Grove Heights, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Inver Grove Heights, MN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Inver Grove Heights, MN ranges from the highest value of $331,760 in 55076 to the lowest value of $214,863 in 55076. Bank owned homes and properties account for 0.36% of properties in Inver Grove Heights, MN. There are 2 zips within Inver Grove Heights, MN; 55076 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    55076 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Inver Grove Heights, MN. Auction homes and other auction properties account for 1.55% of all properties in Inver Grove Heights, MN. There are 2 zips within Inver Grove Heights, MN; of those zips, the median estimated home value for homes going to auction ranges from $580,000 in 55077 to the lowest value of $204,488 in 55077.
Homes for Sale
Homes and properties that are actively listed for sale account for 75.18% of residential properties in Inver Grove Heights, MN with 55076 containing 421 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Inver Grove Heights, MN; homes for sale in those zips, have a range of median values from $1,807,098 in 55077 to the lowest value of $150,892 in 55076.
    Sold Homes
    The median value for recently sold homes ranges from $2,391,856 in 55077 to the lowest price of $122,656 in 55077. There are 2 zips within Inver Grove Heights, MN. 55076 has 106 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 21.00% of properties in Inver Grove Heights, MN.

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      Guide for Inver Grove Heights, MN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.