Housing in Andover, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$370,000
Median List Price
$544,821
Price Per Sq Ft
$186
Days on Market
34
Active Inventory
35
Months of Supply
2.2
Seller's market
Zillow Home Value
$424,245
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
6.3%
Off Market in 2 Weeks
53.3%
Sale-to-List Ratio
98.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
23
Pending Sales
15
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$186
Median List $/SF
$194
Andover vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Andover is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$389,200
Median Rent
$1,827
Total Housing Units
11,289
Vacancy Rate
1.8%
Owner Occupied
93.8%
Renter Occupied
6.2%
Median Property Tax
$3,553
per year
Monthly Cost (w/ Mortgage)
$1,865
Housing Types
The current median sale price in Andover, MN is $370,000 according to Redfin data. Homes spend a median of 34 days on the market. 6.3% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $186. The median rent is $1,827 per month (Census ACS). About 93.8% of housing units are owner-occupied. The median year homes were built is 1993. There are 11,289 total housing units.