Maple Grove is one of Minnesota's largest suburbs and one of its most consistent housing markets. A large share of its homeowners have been in place 20+ years, making it a natural fit for reverse mortgage planning as they hit retirement.
The Maple Grove housing market
Median home values in Maple Grove run in the mid-$400s, with executive homes near Elm Creek and Rush Creek climbing higher. Long-term appreciation has been steady.
Reverse mortgages in Maple Grove
A large share of Maple Grove HECM conversations are about eliminating a remaining mortgage payment. Higher-value homes near the creeks sometimes qualify for jumbo reverse programs.
Neighborhoods
- Rush Creek
- Elm Creek
- Weaver Lake
- Fish Lake
- Arbor Lakes
Loan options for Maple Grove
- Reverse Mortgage (HECM)
- Jumbo Reverse
- HECM for Purchase
- Conventional & Jumbo
- VA & FHA
- Refinance
Attractions & landmarks
- Elm Creek Park Reserve
- The Shoppes at Arbor Lakes
- Weaver Lake Park
- Maple Grove Community Center
Schools
Osseo Area Schools (ISD 279) serves most of Maple Grove, with parts on the west side served by Wayzata (ISD 284).