Apple Valley, MN · Market Data

Apple Valley, Minnesota real estate market data.

Real estate market data for Apple Valley, MN (Dakota County) — Census median home value $354,200, county listing prices down about 3.1% over the past year.

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Apple Valley, MN is in Dakota County, Minnesota — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 55,696, with a median household income of $99,277. Census data puts Apple Valley's median home value at $354,200 (all owner-occupied homes); Dakota County's current median listing price runs $465,000, down about 3.1% over the past year.

At a glance

Apple Valley market snapshot

Population

55,696

Median Household Income

$99,277

Median Home Value (city)

$354,200

Median Listing Price (Dakota County)

$465,000

Median Gross Rent

$1,678/mo

Price Trend (YoY)

-3.1%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Apple Valley

What makes Apple Valley different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Apple Valley's median home value — across all owner-occupied homes, not just recent sales — at $354,200. Separately, Dakota County's current median listing price (via Realtor.com data, 2026-06-01) runs $465,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Dakota County's FHFA house price index shows a 1.49% annual change in 2025.

Population & Income

Apple Valley has an estimated population of 55,696 and a median household income of $99,277, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Apple Valley's Census-reported median home value works out to about 3.6x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Apple Valley FAQ

What are home values like in Apple Valley, MN?

The Census Bureau's American Community Survey puts Apple Valley's median home value at $354,200. Dakota County's current median listing price runs $465,000, down about 3.1% over the past year.

What is the population of Apple Valley, MN?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Apple Valley's population at approximately 55,696.

What's the median rent in Apple Valley, MN?

The Census ACS estimates median gross rent in Apple Valley at approximately $1,678 per month.

What is the median household income in Apple Valley, MN?

Census ACS data puts the median household income in Apple Valley at approximately $99,277.

Is the Apple Valley housing market growing?

Dakota County's FHFA house price index shows a 1.49% annual change in 2025.

Is Apple Valley, MN affordable relative to income?

Census ACS data puts Apple Valley's median home value at about 3.6 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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