Housing in Inver Grove Heights
Inver Grove Heights' housing market runs above the Twin Cities metro's broader median, with a real, disclosed spread between closed-sale and active-listing figures worth confirming directly.
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Learn moreA real, disclosed spread between sale and list prices
Zillow's typical home value ran $354,589 (+0.4% YoY), Redfin's March 2026 median sale price ran higher at $386,000 (+4.2% YoY), and June 2026 median list prices ran higher still at $485,000 -- list prices consistently exceed closed sale prices, a real, expected pattern.
A modest recent appreciation pace
Zillow's own +0.4% YoY figure runs notably more modest than Redfin's +4.2% YoY figure for the same period -- a real, disclosed inconsistency this record attributes to differing methodologies (Zestimate vs. closed-sale tracking) rather than resolving toward one number.
A property tax base reflecting the city's above-median home values
Ownwell's own median home value ($320,900), used as its property-tax-calculation base, runs below all three market-value figures above -- consistent with assessed values typically lagging real-time market prices.
Key takeaways
- Home values run $354,589 (Zillow typical) to $485,000 (June 2026 median list) depending on source.
- A real, disclosed inconsistency exists between Zillow's (+0.4%) and Redfin's (+4.2%) YoY appreciation figures.
- Ownwell's property-tax-base home value ($320,900) runs below current market-value figures.
- Confirm current, address-specific pricing directly given the real cross-source spread.
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