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AV147thPhoto: Appraiser at English Wikipedia · Public domain
Housing in Apple Valley

659 homes sold in Apple Valley in the last year, at a typical $378K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Apple Valley homes are listed.

Homes sold
659
June 2025 to May 2026
Typical sale price
$378K
houses $431K · condos $159K
Price per square foot
$186
Minnesota $190
Paid vs. asking
99.9%
35% sold over asking
For sale now
121
May 2026 · 68 sold that month
What sold · last 12 months

3% of Apple Valley’s sales are condos, at $272K less than a house

357 houses and 21 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$431K

typical sale · 357 sold in 12 months

Per square foot
$192MN $191
Days to sell
21
Sold over asking
43%
Listings with a price cut
34%
Condos$159K

typical sale · 21 sold in 12 months

Per square foot
$175MN $205
Days to sell
72
Sold over asking
19%
Listings with a price cut
28%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $443K
Townhouses: 280 sold, typical $290K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.7 times the 2016 price

659 sales in the last year, against 1,137 in 2016 and a low of 670 in 2025. The typical sale went from $228K in 2016 to $378K.

Homes soldTypical sale price
02875758621150$175K$250K$325K$400K2012: 800 sold, typical $175K’122013: 875 sold, typical $193K2014: 845 sold, typical $213K’142015: 982 sold, typical $224K2016: 1137 sold, typical $228K’162017: 1117 sold, typical $247K2018: 1015 sold, typical $264K’182019: 1001 sold, typical $278K2020: 986 sold, typical $290K’202021: 1016 sold, typical $324K2022: 798 sold, typical $353K’222023: 684 sold, typical $364K2024: 695 sold, typical $374K’242025: 670 sold, typical $378KLast 12 months: 659 sold, typical $378KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Apple Valley

Houseat $192 a sq ft
Condoat $175 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Apple Valley homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Apple Valley are rarer than before the pandemic, but 20% fewer homes come up for sale

We read every month of Apple Valley’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 659 sales.

If you’re buying in Apple Valley

  • Shop in August. It brings about 95 new listings a month, close to the busiest month, with fewer bidding wars (47% over asking).
  • You can negotiate. 34% of listings have cut their price, against 27% before the pandemic.
  • Bid near asking. Buyers paid 99.9% of the list price on average; 35% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 119 a month), but June is the most competitive: 54% of June sales close over asking. July and August offer nearly as much choice with fewer homes bid up (51%). December has the least competition (33%) but only about 27 new listings.

New listings a monthShare sold over asking
030609012020%40%60%Sweet spotJan: 50 new listings a month, 37% sold over asking, 40 days to sellJFeb: 69 new listings a month, 41% sold over asking, 44 days to sellFMar: 94 new listings a month, 43% sold over asking, 27 days to sellMApr: 105 new listings a month, 50% sold over asking, 19 days to sellAMay: 119 new listings a month, 52% sold over asking, 18 days to sellMJun: 112 new listings a month, 54% sold over asking, 18 days to sellJJul: 105 new listings a month, 51% sold over asking, 19 days to sellJAug: 95 new listings a month, 47% sold over asking, 20 days to sellASep: 79 new listings a month, 40% sold over asking, 25 days to sellSOct: 74 new listings a month, 39% sold over asking, 25 days to sellONov: 43 new listings a month, 35% sold over asking, 31 days to sellNDec: 27 new listings a month, 33% sold over asking, 37 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Minnesota as a whole

Apple Valley now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price35%42%69%33%
Gone within two weeksShare of homes under contract within 14 days46%56%69%42%
Listings with a price cutShare of homes for sale that cut their price34%27%24%28%
Price paid vs. askingAverage sale price ÷ list price99.9%100.2%103.7%99.2%
Days to sellMedian days from listing to contract29241435
Supply

94 homes for sale on a typical day

That’s 1.5 times the 2021 low (62), 20% fewer than in 2017–19 and well under 2012’s 270.

2012: 270 for sale’122013: 241 for sale2014: 205 for sale2015: 206 for sale’152016: 166 for sale2017: 145 for sale2018: 108 for sale’182019: 100 for sale2020: 76 for sale2021: 62 for sale’212022: 67 for sale2023: 71 for sale2024: 95 for sale’242025: 94 for saleLast 12 months: 94 for saleNow
Room to negotiate

1 in 3 listings has cut its price

34% in the last year, against 27% in 2017–19 and 28% across Minnesota. More sellers are pricing high and coming down.

2015: 29%’152016: 28%2017: 26%2018: 26%’182019: 27%2020: 23%2021: 24%’212022: 30%2023: 27%2024: 28%’242025: 32%Last 12 months: 34%Now
Prices by type

Since 2019, houses are up 30%, condos 19%

A house typically sold for $431K in the last year (357 sales), a condo for $159K (21).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $252K, 461 salesHouses 2014: $235K, 572 salesHouses 2015: $265K, 561 salesHouses 2016: $276K, 581 salesHouses 2017: $310K, 541 salesHouses 2018: $323K, 539 salesHouses 2019: $330K, 519 salesHouses 2020: $352K, 489 salesHouses 2021: $401K, 509 salesHouses 2022: $418K, 417 salesHouses 2023: $444K, 344 salesHouses 2024: $440K, 386 salesHouses 2025: $433K, 380 salesHouses last 12 months: $431K, 357 salesHouses $431KCondos 2013: $60K, 26 salesCondos 2014: $93K, 17 salesCondos 2015: $90K, 24 salesCondos 2016: $79K, 23 salesCondos 2017: $97K, 34 salesCondos 2018: $118K, 32 salesCondos 2019: $134K, 35 salesCondos 2020: $129K, 34 salesCondos 2021: $149K, 43 salesCondos 2022: $158K, 34 salesCondos 2023: $155K, 34 salesCondos 2024: $162K, 34 salesCondos 2025: $168K, 24 salesCondos last 12 months: $159K, 21 salesCondos $159K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Minnesota

Apple Valley ranks 61st of 144 busy Minnesota markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Apple Valley is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Apple Valley home costs about $2,283 a month

Mortgage
Property tax
Insurance
Rent

Price: Apple Valley’s typical sale, last 12 months. Property tax at Apple Valley’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Apple Valley is affordable on local pay is on Cost of living.

Before you buy in Apple Valley

Six things worth knowing

119

New listings in May

The month with the most choice. December has the fewest, about 27.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $378K home, about $3,730 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Apple Valley, from test results, graduation and how much students grow.

Schools in Apple Valley
25 min

Typical commute

The average one-way trip to work for people who live in Apple Valley.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Burnsville sells for less a square foot

The busier markets within 25 miles of Apple Valley, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lakeville1,046$494K$19733%40
Eagan733$393K$19640%28
Apple Valley659$378K$18635%29
Burnsville653$387K$17542%28
Rosemount573$450K$20125%51
Farmington412$398K$19132%39
Empire36$441K$19436%43

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Apple Valley, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Apple Valley. People who follow the town see it, and so do people comparing Apple Valley with their own town. No commission, no listing fee.

Questions about buying a home in Apple Valley

What do homes sell for in Apple Valley, MN?

659 homes sold in the year to May 2026 at a typical $378K, $186 a square foot. Houses sold for about $431K, condos for about $159K.

Is Apple Valley a buyer’s or seller’s market?

A seller’s market: 121 homes were for sale in May 2026 and 68 sold, about 1.8 months of supply. Buyers paid 99.9% of asking on average, and 34% of listings cut their price.

When is the best time to buy in Apple Valley?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Apple Valley?

About 1% of a home’s value a year. On a $378K home that’s near $3,730.

Where can I see homes for sale in Apple Valley?

Zillow, Redfin, Realtor.com and Homes.com all carry Apple Valley’s MLS listings; the search links above open each one filtered to Apple Valley.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).