Inver Grove Heights, MN Real Estate
According to census data in the year 2000 there were 11,452 housing units in Inver Grove Heights.
This represents a 40.5% growth from 8,149 in 1990.
Of those housing units, 10,489 were located in either urbanized areas or urban clusters, and 963 were located in what is classified as a rural area.
Homeownership rate in Inver Grove Heights is about 77.4%.
Inver Grove Heights's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Inver Grove Heights were built after 1983.
|Housing Units by Size|
|Five Bedrooms or more||3.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.72|
|Median year structure was built||1984|
|Median Value of occupied units||$144,800|
|Median Price asked for vacant units||$328,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.27|
|Median year structure was built||1980|
|Median Monthly Rent asked for vacant units||$758|
Owners Finance Status
|Second Mortgage & Equity Loan||1%|
|Home Equity Loan||13.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.2%|