Market Overview
Home Prices in Apple Valley, MN
The median home value in Apple Valley, MN is $383,279 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Apple Valley are priced7% below average. Apple Valley is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Apple Valley home values have risen by approximately12.2%, reflecting steady appreciation in this market.
Price History
Apple Valley Home Price Trend
City Comparison
Apple Valley vs. National Median
At $383,279, homes in Apple Valley cost 7% below the national median of $410,000. This makes Apple Valley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Apple Valley?
20% Down Payment
$76,656
on $383,279
Monthly P&I
$1,999/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,539/mo
incl. taxes & insurance
Income Needed
$101,560
gross annual (30% rule)
10% Down Option
$38,328
+ PMI applies
Loan Amount (20% dn)
$306,623
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Apple Valley, MN?
The median home value in Apple Valley is $383,279 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Apple Valley?
Over the past year, home values in Apple Valley have increased by 1.5%. Over five years, prices have risen approximately 12.2%.
How much do I need to earn to buy a home in Apple Valley?
To comfortably afford the median home price of $383,279 with a 20% down payment ($76,656) at today's rates (6.8%), you'd need a gross annual income of approximately $101,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Apple Valley compare to the national average home price?
The national median home value is approximately $410,000. At $383,279, homes in Apple Valley are 7% below the national average.
What metro area is Apple Valley part of?
Apple Valley is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.