Inver Grove Heights, MN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Inver Grove Heights, MN is $342,349, down 2.2% year-over-year. Homes sell in an average of 48 days with 63 active listings. The market is currently a seller's market.
$342,349median sale price
Is Inver Grove Heights a buyer's or seller's market?
Inver Grove Heights, MN is currently a seller's market, based on 2.6 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
48
Average pace
Active listings
63
2.6 months supply
Sale-to-list
99.8%
Below asking
Inver Grove Heights, MN market data
| Metric | Value |
|---|---|
| Median sale price | $342,349 |
| Median list price | $419,900 |
| Year-over-year price change | -2.2% |
| Average days on market | 48 days |
| Active inventory | 63 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 99.8% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Inver Grove Heights housing market is currently classified as a seller's market with a median sale price of $342,349. Prices have fallen 2.2% compared to last year, with homes spending an average of 48 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Inver Grove Heights
There are currently 63 homes listed for sale in Inver Grove Heights, Minnesota. The median listing price is $420K.
Active listings
63
Homes on market
Median list price
$420K
Avg. days on market
48
Days until sale
New this week
29
Newly listed
Top public schools in Inver Grove Heights
11 schools tracked · 3,740 students
The largest public schools serving Inver Grove Heights, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
SIMLEY SENIOR HIGH
Grades 9-12 · 1,058 students
INVER GROVE HEIGHTS MIDDLE
Grades 6-8 · 792 students
HILLTOP ELEMENTARY
Grades PK-5 · 613 students
PINE BEND ELEMENTARY
Grades PK-5 · 527 students
SALEM HILLS ELEMENTARY
Grades PK-5 · 310 students
Discovery Charter Elementary School
Grades K-8 · 175 students
ATHENEUM ELEMENTARY
Grades 2-5 · 80 students
IGH EARLY CHILDHOOD PROGRAM
Grades PK · 70 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Inver Grove Heights?
The median home sale price in Inver Grove Heights is $342,349, down 2.2% from last year.
How long do homes stay on market in Inver Grove Heights?
Homes typically spend 48 days on market before going under contract.
Is Inver Grove Heights a buyer's or seller's market?
With 2.6 months of supply, Inver Grove Heights is currently a seller's market.
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