Inver Grove Heights is one of Dakota County's more affordable entry points, with a mix of mid-century homes on generous lots and newer construction in the south end. Its long-term owners are now hitting reverse-mortgage age.
The Inver Grove Heights housing market
Median home values in Inver Grove Heights sit in the high-$300s to low-$400s, with newer construction and river-adjacent homes climbing higher. Dakota County property taxes are typically lower than Hennepin.
Reverse mortgages in Inver Grove Heights
A HECM can eliminate a remaining mortgage payment and free up $1,000-$2,500 per month for retirees on a fixed income, meaningful in a Dakota County property tax environment.
Neighborhoods
- Salem Hills
- Wildwood
- Argenta Trails
- River Heights
- Cahill Estates
Loan options for Inver Grove Heights
- Reverse Mortgage (HECM)
- HECM for Purchase
- Conventional
- FHA & VA
- First-Time Buyer
- Refinance
Attractions & landmarks
- Swing Bridge Park
- Rich Valley Golf Club
- Mississippi River bluffs
- Inver Wood Golf Course
Schools
Primarily served by Inver Grove Heights Community Schools (ISD 199) and Simley High School (ISD 199).