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Minnesota State Wire

Saturday, September 13, 2025

Inver Grove Heights home prices fall in July 2020

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The median sale price of a home sold in July 2020 in Inver Grove Heights fell by $50 while total sales decreased by 57.4%, according to BlockShopper.com.

In July 2020, there were 26 homes sold, with a median sale price of $269,950 - a 0% decrease over the $270,000 median sale price for the same period of the previous year. There were 61 homes sold in Inver Grove Heights in July 2019.

The median sales tax in Inver Grove Heights for the most recent year with available data, 2019, was $2,852, approximately 1.1% of the median home sale price for July 2020.

The following table compares Inver Grove Heights to other Dakota County cities with similar median sales prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Farmington2862-54.8%$321,000$277,50015.7%
Vermillion31200%$320,000$250,00028%
Apple Valley48128-62.5%$285,000$281,5001.2%
Burnsville56107-47.7%$281,500$270,0004.3%
Hampton36-50%$275,000$274,0000.4%
Inver Grove Heights2661-57.4%$269,950$270,000-0%
Northfield213-84.6%$269,000$308,000-12.7%
Hastings2054-63%$258,750$222,50016.3%
South St. Paul2451-52.9%$237,100$235,0000.9%
Empire440%$213,000$327,500-35%
West St. Paul1330-56.7%$210,000$243,500-13.8%

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