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Apple Valley, MN Housing Market Trends
In June 2025, Apple Valley’s housing market showed steady growth, with home prices increasing 6.4% year-over-year to a median of $400K, reflecting healthy demand and rising property values. Homes sold faster than last year, averaging just 19 days on the market compared to 23 days, indicating heightened buyer activity and competitive conditions. Sales volume also rose, with 79 homes sold compared to 66 the previous year, suggesting both increased buyer confidence and slightly more inventory available to meet demand. Overall, Apple Valley remains an attractive and active market with strong momentum for sellers.
Apple Valley is a very competitive housing market, with homes selling quickly, averaging just 18 days on the market. Many properties receive multiple offers, and some buyers are willing to waive contingencies to strengthen their chances, highlighting strong demand and limited supply. On average, homes sell for about 1% above list price and typically go pending within the same 18-day timeframe, showing that buyers are willing to pay slightly more to secure a property. Hot homes, particularly those in desirable neighborhoods or with sought-after features, can sell even faster—often going pending in just 10 days and commanding up to 2% above list price, reflecting the urgency among motivated buyers.
Apple Valley, MN is firmly a seller’s market in June 2025, indicating that buyer demand significantly exceeds the available housing inventory. This competitive environment favors sellers, as homes are selling quickly and often attract multiple offers, with some buyers waiving contingencies to strengthen their bids. Limited supply has pushed prices upward, with many homes selling slightly above list price, and desirable properties moving off the market in just days. For sellers, this translates to strong negotiating power and the potential for higher returns, while buyers must act quickly and present competitive offers to secure a home.
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Apple Valley is served by Independent School District 196 (Rosemount–Apple Valley–Eagan), with boundary lines that can shift block-to-block. Access to Apple Valley High, Eastview High, and the on-campus School of Environmental Studies (located at the Minnesota Zoo) can materially affect demand and resale. Verify the exact attendance area for the property, bus routes, open-enrollment implications, and how waitlists or lottery-based programs may impact your plans.
Cedar Ave (MN-77) is the city’s north–south spine and hosts the METRO Red Line BRT with stations at 147th St and Apple Valley Transit Station. Homes within short walks of these stops trade on commuter convenience to the Mall of America and transfers to light rail, but may face higher traffic, lighting, and snowplow activity. Also weigh drive access to I-35E/35W via County Rd 42 versus neighborhood cut-throughs, especially in winter.
Apple Valley’s premiums cluster around Alimagnet Lake & Park, Lac Lavon Park/ballfields, Johnny Cake Ridge Park, and the master-planned Cobblestone Lake area. Each has distinct trade-offs: dog-park and athletic-field activity, evening lighting, seasonal events, shoreline rules (often favoring non-motorized use), and HOA trail/amenity access in Cobblestone. Walk the area at different times of day to assess noise, parking, and true walkability.
The Minnesota Zoo sits within Apple Valley and creates a unique draw and green buffer. Nearby homes benefit from open space and family-friendly appeal, yet weekend/event traffic along McAndrews Rd and Johnny Cake Ridge can spike. If you value quiet evenings, check traffic patterns during peak seasons and after special events; if you value lifestyle access, quantify your actual drive/walk times to zoo entrances and trailheads.
CR-42 is the major east–west retail corridor (big-box, dining, services) and anchors the civic/library area near Galaxie Ave. Buyers seeking convenience and future mixed-use feel may target these pockets; others may prefer interior neighborhoods for reduced congestion and better on-street parking in winter. Evaluate driveway access on snow days, delivery truck patterns, and signal timing that affects school and work commutes.
Much of Apple Valley’s growth came in the 1970s–1990s (ramblers, splits, two-stories) with 2000s townhomes/condos in planned communities like Cobblestone Lake. For older homes, budget for radon mitigation, foundation drainage/sump maintenance, window/insulation upgrades, and roof/ice-dam prevention. For HOA neighborhoods, scrutinize reserves, upcoming capital projects (siding/roofs), rental caps, pet rules, and exterior modification approvals that impact flexibility and resale.
The Apple Valley real estate market is thriving, and opportunities to find your ideal property have never been better. Whether you're a first-time buyer or looking to upgrade, our team is here to guide you every step of the way. Don’t wait—reach out now to discover why so many people are choosing Apple Valley as their next home!
Get to know the charm and vibrancy of Apple Valley, MN! Whether you're exploring its family-friendly parks, top-rated schools, or thriving real estate opportunities, our comprehensive neighborhood guide has everything you need to fall in love with this community. Dive in and uncover what makes Apple Valley a fantastic place to call home!
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