Inver Grove Heights, MN
Inver Grove Heights, Minnesota Real Estate
Inver Grove Heights is a third ring suburb located south of Mendota Heights stretching from Highway 110 all the way down to Highway 52 and Highway 55. The city was created in 1965 and has been growing ever sense. They're expecting the population to exceed 44,000 by the 2020 census. The boundaries expand over 28 mi.² with lots of parks, golf courses community centers and retail. Inver Grove Heights is home to many different businesses as well as schools. It is located in the northern part of Dakota County and is very close to the Mississippi River Valley.
They're still continuing to build new construction as you read this because there's still a lot of land available. Inver Grove Heights is known for its stable community as well as the variety in real estate. You can find everything from single-family homes to townhomes and condominiums. Plus a lot of homebuyers are looking for acreage property for horses and other hobbies. Home start in the mid-150,000s and go up from there. You are about 15 minutes if that from the mall of America and the Minneapolis-St. Paul airport.
As a real estate agent selling homes in Inver Grove Heights, the first thing I think of is acreage properties. I help clients who are looking for hobby farms and will suggest Inver Grove Heights as an option. This is not to say that they don't have a lot of wonderful single-family homes and townhomes in neighborhoods, because they do. But they also have a large enough area where you can still find acreage homes too. Many of my clients are tracked in the area as well because Highway 52 in Highway 55 run through it. So it's an easy commute to Minneapolis, St. Paul or to Rochester and Hastings. It is a halfway mark for a lot of couples who are having opposite directions for work.
Use the interactive real estate sales graphs below for real-time statistics on the City of Inver Grove Heights. (All updated maps are based on every property in the city including single-family homes, townhomes and condos. For more specific information about a neighborhood, price range or style of home, contact Tom Sommers 952-994-7204.)
Median sales price in Inver Grove Heights
Average days on market over last three years in Inver Grove Heights
Average months’ supply of homes for sale in Inver Grove Heights (This is also referred to as the absorption rate. Meaning, if no other homes came on the market from this day forward it would take this number of months for all the homes to sell. 0 to 3 months is a seller's market, 4 to 6 months is an average market and 6+ months of inventory is typically a buyer’s market)
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Today's Market Trends for Inver Grove Heights, MN *
* All data pertains to single-family homes