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.
For the statewide rules, counseling requirements and 2026 lending limits, read the Minnesota reverse mortgage guide, or see the Hennepin County reverse mortgage guide. New to the program? Start with what is a reverse mortgage.
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).