Apple Valley has grown up. What used to be a young-family suburb is now a metro pocket with a lot of long-tenured homeowners approaching or already in retirement, and a lot of equity to plan around. Dakota County property taxes make it especially attractive for fixed-income planning.
The Apple Valley housing market
Median home values in Apple Valley are in the mid-$300s to low-$400s, with newer construction on the south end running higher. The market is competitive but sane, well-priced homes still move quickly.
Reverse mortgages in Apple Valley
For Apple Valley homeowners who bought before 2005, current equity is often 60–80% of the home's value. A HECM line of credit is a common conversation here, used as retirement insurance rather than immediate cash.
Neighborhoods
- Cobblestone Lake
- Palomino Hills
- Regatta
- Diamond Path
- Farquar Lake
- Pennock
Loan options for Apple Valley
- Reverse Mortgage (HECM)
- HECM for Purchase
- Conventional
- FHA & VA
- Refinance
Attractions & landmarks
- Minnesota Zoo
- Lebanon Hills Regional Park (nearby)
- Cobblestone Lake Park
- Kelley Park
- The Shops at Apple Valley Square
Schools
Served by ISD 196 (Rosemount-Apple Valley-Eagan), one of the largest and highest-performing districts in Minnesota, which continues to support home values.