Inver Grove Heights, MN home prices and housing market

Context

Inver Grove Heights shows a typical home value of $442,211, up 1.4% over the past year as of September 2026. That is modest appreciation rather than a runaway market, and the citywide median reflects a broad mix of homes, not any single property. There were 105 homes for sale in September 2026, with 46 new listings coming on, so buyers have some options and sellers face real competition. The median list price of $504,825 sits above the typical value, which suggests many sellers are testing the market with room built in. Homes are moving in a median of 36 days, and 20.5% of listings have taken a price cut, a sign that overpricing gets punished. For a homeowner deciding whether to sell, the honest read is that the market is stable but rewards realistic pricing and preparation over optimism.