Homes for Sale in Inver Grove Heights, MN
Located along the Mississippi River, Inver Grove Heights offers a unique mix of rolling wooded terrain and suburban convenience. The city maintains a slightly rural, relaxed feel despite its close proximity to downtown St. Paul. Residents enjoy excellent golfing, community centers, and riverfront parks.
Why Live in Inver Grove Heights
Inver Grove Heights Market Snapshot
Monthly figures from the NorthstarMLS Local Market Update.
Median Sales Price
% of Original List Price Received
Days on Market
Closed Sales
Homes for Sale
Months Supply
Supply vs. Demand Trends
Inver Grove Heights Housing Market Today
Here is where the Inver Grove Heights market stood in August 2026. The median sale price has increased by 7% from last year to $434,250, and a similar trend in price per square foot suggests this is a real move in values rather than a change in the mix of homes selling. Homes are selling 6 days longer than last year, averaging 46 days on market, and sellers are receiving 99.7% of their original asking price. The area is currently a balanced market with 3.1 months of supply. Active inventory is up 5% from last year to 100 homes for sale.
In a balanced market, neither side has a steep advantage, making careful pricing for sellers and steady negotiation for buyers the key to success.
In Inver Grove Heights, homes were most commonly built in 1990-1999, about 77% of occupied homes are owner-occupied, and the average commute is 22 minutes. Roughly 55% of homes are single-family detached, and the median home was built in 1990.
Homeowners with a mortgage typically spend $2,008 a month on housing costs, lower than the Twin Cities metro and the median property tax bill is $3,464 a year.
Data: NorthstarMLS Local Market Update via 10K Research, published September 12, 2026.
Inver Grove Heights market questions
Is Inver Grove Heights a buyer's or seller's market?
Inver Grove Heights was a balanced market in August 2026, with 3.1 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 100 homes for sale.
How fast are homes selling in Inver Grove Heights?
Homes that sold in August 2026 spent an average of 46 days on market, 6 days slower than a year earlier. Sellers received 99.7% of their original list price on average.
Are home prices going up in Inver Grove Heights?
Yes. The median sale price rose 7.2% year over year to $434,250. Price per square foot moved in the same direction (from $208 to $211), which suggests a real change in values rather than a shift in the mix of homes sold.
Living in Inver Grove Heights
Housing, cost of ownership and commuting, compared with the Twin Cities metro.
In Inver Grove Heights, homes were most commonly built in 1990-1999, about 77% of occupied homes are owner-occupied, and the average commute is 22 minutes.
Data: ACS 2020-2024 5-year estimates
What does it cost to own a home in Inver Grove Heights?
Homeowners with a mortgage typically pay $2,008 a month in housing costs and the median property tax bill is $3,464 a year.
Median home value
$363,400
Similar to the Twin Cities metro
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$3,464/yr
Lower than the Twin Cities metro
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,008/mo
Lower than the Twin Cities metro
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$768/mo
Similar to the Twin Cities metro
Median monthly housing costs for owners without a mortgage.
Median rent
$1,465/mo
Similar to the Twin Cities metro
The midpoint of monthly gross rent, including utilities.
What are homes like in Inver Grove Heights?
About 77% of occupied homes are owner-occupied and the median home was built in 1990.
Owner-occupied homes
77%
Higher than Twin Cities metro overall
The share of occupied homes lived in by their owners.
Median year built
1990
Similar to the Twin Cities metro
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2010-20198%
- 2000-200917%
- 1990-199924%
- 1980-198914%
- 1970-197918%
- 1960-196910%
- 1950-19596%
- 1940-19491%
- 1939 or earlier2%
Types of homes
The share of housing units in each building type.
- Single-family detached55%
- Townhome / attached21%
- 2-4 units2%
- 5+ units19%
- Mobile home3%
How do people get around in Inver Grove Heights?
The average one-way commute is 22 min and 93% of homes have broadband.
Average commute
22 min
Lower than the Twin Cities metro
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone66%
- Carpool6%
- Public transit2%
- Walk or bike2%
- Work from home24%
Homes with broadband
93%
Similar than Twin Cities metro overall
The share of households with a broadband internet subscription.
Available Properties in Inver Grove Heights
114 homes for sale in Inver Grove Heights
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