Inver Grove Heights, MN is a great place to live and own property. The median value of homes in the area is $322,400, which is slightly lower than the US median house value of $338,100. While the national one-year appreciation rate for houses is 8.27%, the one-year appreciation rate in Inver Grove Heights has been 6.66%. This shows that people are investing in the area and that home values are on the rise. Homeowners should be confident that their investment will continue to appreciate over time, making it a great place to live and invest in property.
The median home cost in Inver Grove Heights is $322,400. Home appreciation the last 10 years has been 94.0%. Home Appreciation in Inver Grove Heights is up 12.2%.
Average Age of Homes
- The median age of Inver Grove Heights real estate is 29 years old
The Rental Market in Inver Grove Heights
- Renters make up 28.3% of the Inver Grove Heights population
- 0.4% of houses and apartments in Inver Grove Heights, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.