Land and home values in Inver Grove Heights, MN
Inver Grove Heights is a city in Dakota County, Minnesota, home to about 35,906 people. Residential land runs about $10.10 per sq ft, the typical home is worth about $386,000, and a 2-bedroom rents for about $1,750 a month, as of October 12, 2026.
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| Land: residential | $10.10 | per sq ft |
| Land: residential | $439,956 | per acre |
| Land: quarter-acre lot | $109,989 | 10,890 sq ft |
| Home: typical (median) | $386,000 | value |
| Home: entry-level | $335,000 | lower quartile |
| Home: upper-end | $569,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $1,460 | per month |
| Rent: 2-bedroom | $1,750 | per month |
| Rent: 3-bedroom | $2,350 | per month |
| Rent: 4-bedroom | $2,620 | per month |
| Gross yield, 2-bed | 5.4% | a year |
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Questions people ask
How much is land worth in Inver Grove Heights, MN?
Residential land in Inver Grove Heights, MN is about $10.10 per square foot, or $439,956 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $109,989. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Inver Grove Heights, MN?
The typical (median) home in Inver Grove Heights, MN is worth about $386,000, with entry-level homes around $335,000 and upper-end homes around $569,000, as of October 2026.
How much is rent in Inver Grove Heights, MN?
A 2-bedroom rents for about $1,750 a month in Inver Grove Heights, MN, a 1-bedroom about $1,460 and a 3-bedroom about $2,350 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.