Inver Grove Heights, MN

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Dakota County · Minneapolis-St. Paul-Bloomington · population 36,226

Inver Grove Heights, MN
Image: Wikipedia · Inver Grove Heights, Minnesota
OverviewCost of livingMoving guide
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62
Rising
Momentum score · 0–100

Where Inver Grove Heights stands

At or near all-time high.

Median home $379,030
1-year +2.1%
5-yr CAGR +2.5%
vs 5-yr peak -0.1%
Population +0.3%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-03$379k$221k$279k$337k$395k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
82/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,831/mo$1,402$1,712$2,02120242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent10512310012020242026

Rent vs buy

Price-to-rent ratio: 17.2
Lean buy

At a 17.2 price-to-rent ratio, Inver Grove Heights is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
61 · w22%
Home 5-yr CAGR
50 · w22%
Distance from peak
89 · w18%
Population growth
51 · w16%
Rent YoY
63 · w12%
Home 10-yr CAGR
59 · w10%
Long thesis

Inver Grove Heights has held up across the cycle: home values at $379,030 with +2.5% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Inver Grove Heights's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Inver Grove Heights

Inver Grove Heights is a city in Dakota County, Minnesota, with an estimated population of 36,226. It anchors the Minneapolis-St. Paul-Bloomington metro area. The median home value in Inver Grove Heights is $379,030 as of 2026-04, up 2.1% over the last 12 months. Over the last five years, home values have averaged +2.5% annual growth, with prices at or near the 5-year peak. Rents in Inver Grove Heights average $1,831 per month, roughly flat year-over-year (+2.8%). The composite momentum score is 62 of 100 (Rising). The market is healthy with prices supported by underlying demand.

▲ Bull case

●Quiet strength: +2.1% over the trailing year — not a melt-up, but the market is bid.
●Held the highs: currently -0.1% from the 5-year peak — this market refused to give back gains.

▼ Bear case

○Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Inver Grove Heights (Wikipedia)

Inver Grove Heights is a city in Dakota County, Minnesota, United States. The population was 35,801 at the 2020 census. The city was formed on March 9, 1965, with the merger of the village of Inver Grove and Inver Grove Township.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Dakota County right now.

NWS active alerts (MN)Minnesota Emergency ManagementHow to prepare (NWS)

Public-safety links are official .gov sources, not curated by us. Dakota County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Inver Grove Heights

Savage, MN63 · RisingShoreview, MN63 · RisingColumbia Heights, MN62 · RisingMaple Grove, MN64 · Rising

Run the numbers for Inver Grove Heights

ToolCan I afford Inver Grove Heights?Income → city shortlistToolROI on a Inver Grove Heights rentalCap rate, cash-on-cash, DSCRToolCompare Inver Grove Heights to anywhereSide-by-side up to 3 citiesToolInver Grove Heights cost-of-livingEquivalent income elsewhere

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
22° / 4°
avg high / low
Summer (Jul)
82° / 62°
avg high / low
Sunny days/yr
198
~54% of year
Annual precip
28″ rain
45″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
High
Wildfire
Very low
Earthquake
Very low
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Minneapolis-St. Paul-Bloomington area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Inver Grove Heights listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
71%
Humid climate
Median household income
$84,300
Minnesota state median
Top industries (state-level)
Medical DevicesFinanceManufacturing

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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