Andover, MN Home Values & Market Trends
Real estate market trends reflect that there have been 747 transactions over the past year in Andover. The median value for residential home transactions that occurred over the previous year is $479,974. The number of current listings in Andover is 830, and the percentage of properties for sale in the city is 830.00%. Andover, MN currently has 17 properties in foreclosure, 6 bank owned properties, 11 properties headed for auction, and 830 properties for sale.
Andover, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55304 | $ 480,000 $ 301/sqft |
Housing Market Summary for Andover, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $489.9K | $500K | 2.06% |
| Median Sold Price | $458K | $411.4K | -10.18% |
| Homes For Sale | 327 | 807 | 146.79% |
| Homes Sold | 165 | 125 | -24.24% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Andover, MN
Browse Homes in Andover, MN
Andover home values range from $139,937 to $2,750,000. The median estimated value of a home in Andover is $479,974. The median list price of a home is 499,999, and the total count of properties in the city is 1,022.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Andover, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Andover, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Andover, MN ranges from the highest value of $435,000 in 55304 to the lowest value of $330,520 in 55304. Bank owned homes and properties account for 0.59% of properties in Andover, MN. There is 1 zips within Andover, MN; 55304 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55304 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Andover, MN. Auction homes and other auction properties account for 1.08% of all properties in Andover, MN. There is 1 zips within Andover, MN; of that zips, the median estimated home value for homes going to auction ranges from $776,732 in 55304 to the lowest value of $379,685 in 55304.
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More Real Estate Resources for Andover, MN
Guide for Andover, MN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
