Housing in Apple Valley, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$425,000

Median List Price

$394,950

Price Per Sq Ft

$177

Days on Market

53

Active Inventory

59

Months of Supply

2.1

Seller's market

Zillow Home Value

$365,465

ZHVI — January 2026

Zillow Rent Index

$1,903

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 9.7%List Price 1.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

17.9%

Off Market in 2 Weeks

39.5%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
17.9%
Under Contract in 2 Wks
39.5%
Listings with Price Drops
22.0%

Market Activity

Source: Redfin

Homes Sold

28

New Listings

42

Pending Sales

38

Homes Sold 48.1%New Listings 28.8%Pending 42.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$177

Median List $/SF

$188

Sale $/SF 6.8%List $/SF 2.2%Mar 24Jan 26

Apple Valley vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Apple Valley is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$354,200

Median Rent

$1,678

Total Housing Units

21,905

Vacancy Rate

2.0%

Owner Occupied

72.9%

Renter Occupied

27.1%

Median Property Tax

$3,476

per year

Monthly Cost (w/ Mortgage)

$1,657

Housing Types

Single Family
78.5%
Multi-Family
19.3%
Mobile Home
2.3%

The current median sale price in Apple Valley, MN is $425,000 according to Redfin data. Homes spend a median of 53 days on the market. 17.9% of homes sold above asking price. The market has 2.1 months of supply. The median price per square foot is $177. Zillow's observed rent index is $1,903/month. About 72.9% of housing units are owner-occupied. The median year homes were built is 1990. There are 21,905 total housing units.