Market Intelligence · MN / Inver Grove Heights

Inver Grove Heights, MN 55077 Housing Market

The typical home value in Inver Grove Heights, MN 55077 is $557,150, up 1.2% over the past year as of September 2026. Homes listed at a median price of $691,150 and spent a median of 34 days on the market.

Updated September 2026Median value$557K

The median home value in Inver Grove Heights, MN 55077 is $557K as of September 2026, up 1.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 55077 range

$513K to $602K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.2% over 12 months

Typical home value in 55077 over the last 12 months: $550K in Sep 2025 to $557K in Sep 2026 (+1.2%).

Sep 2025$550K

Sep 2026$557K

The numbers

What is the 55077 housing market like?

Typical home value

$557K

Up1.2%YoY

Median list price

$691K

Up10.6%MoM

Days on market

34

Down8.1%MoM

Homes for sale

39

Up8.3%MoM

Price cuts

21.6%

Up97.3%MoM

New listings

10

Down58.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

55077 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 55077 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 55077 rose 1.2%, per the Zillow Home Value Index.

Will home prices drop in 55077?

Zillow's forecast does not call for a drop: it expects typical home values in 55077 to rise 1.5% by September 2027, after a 1.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 55077 home prices compare?

  • 55077$557,150
  • Inver Grove Heights$442,211
  • Minnesota$298,219
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Inver Grove Heights: 2 ZIPs; Minnesota: 716 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 39 homes for sale in 55077, with 10 new listings coming on the market. The median list price was $691,150, above the typical home value of $557,150. Homes moved at a moderate pace, with a median of 34 days on market. Meanwhile, 21.6% of listings had taken a price cut. For a seller, values are holding up, but pricing realistically from the start matters more than testing the top of the market.

Monthly payment

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20% · $111,430

Common questions

What people ask us.

How much is a home in 55077 worth?

The typical home value in 55077 is $557,150, up 1.2% over the past year as of September 2026.

How fast are homes selling in 55077?

Homes spent a median of 34 days on the market as of September 2026, with 39 homes for sale and 10 new listings.

Are sellers cutting prices in 55077?

Yes. As of September 2026, 21.6% of listings in 55077 had a price cut.

Discover

Nearby ZIP markets.

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Guides for sellers.