Andover, MN Home Values & Market Trends
Real estate market trends reflect that there have been 402 transactions over the past year in Andover. The median value for residential home transactions that occurred over the previous year is $427,937.1. The number of current listings in Andover is 61, and the percentage of properties for sale in the city is 61.00%. Andover, MN currently has 11 properties in foreclosure, 4 bank owned properties, 7 properties headed for auction, and 61 properties for sale.
Andover, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55304 | $ 424,046 $ 189/sqft |
Housing Market Summary for Andover, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $449.9K | $424.2K | -5.71% |
| Median Sold Price | $413.4K | $424.2K | 2.61% |
| Homes For Sale | 31 | 65 | 109.68% |
| Homes Sold | 213 | 228 | 7.04% |
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 $36,763 to $1,795,000. The median estimated value of a home in Andover is $427,937.1. The median list price of a home is 450,000, and the total count of properties in the city is 15,974.
- 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 $329,383 in 55304 to the lowest value of $282,166 in 55304. Bank owned homes and properties account for 0.03% of properties in Andover, MN. There is 1 zips within Andover, MN; 55304 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55304 has 7 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 0.04% 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 $441,589 in 55304 to the lowest value of $252,732 in 55304.
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More Real Estate Resources for Andover, MN
Guide for Andover, MN
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