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Porter Kelsey HousePorter Kelsey House · Photo: Elkman · CC BY-SA 3.0
Housing in Andover

335 homes sold in Andover in the last year, at a typical $454K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Andover homes are listed.

Homes sold
335
June 2025 to May 2026
Typical sale price
$454K
median, weighted by sales
Price per square foot
$196
Minnesota $190
Paid vs. asking
100.1%
39% sold over asking
For sale now
96
May 2026 · 24 sold that month
What sold · last 12 months

Houses are 91% of Andover’s sales, at a typical $458K

335 homes sold in the year to May 2026.

Houses$458K

typical sale · 305 sold in 12 months

Per square foot
$196MN $191
Days to sell
28
Sold over asking
40%
Listings with a price cut
34%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $462K
Townhouses: 21 sold, typical $379K
Condos: 8 sold, typical $227K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2016 price

335 sales in the last year, against 630 in 2021 and a low of 357 in 2024. The typical sale went from $267K in 2016 to $454K.

Homes soldTypical sale price
0162325487650$200K$300K$400K$500K2012: 453 sold, typical $202K’122013: 513 sold, typical $228K2014: 433 sold, typical $236K’142015: 515 sold, typical $251K2016: 574 sold, typical $267K’162017: 575 sold, typical $295K2018: 470 sold, typical $306K’182019: 577 sold, typical $336K2020: 615 sold, typical $365K’202021: 630 sold, typical $414K2022: 477 sold, typical $443K’222023: 369 sold, typical $433K2024: 357 sold, typical $438K’242025: 360 sold, typical $461KLast 12 months: 335 sold, typical $454KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Andover

Houseat $196 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Andover homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Andover are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of Andover’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 335 sales.

If you’re buying in Andover

  • Shop in March. It brings about 55 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
  • You can negotiate. 33% of listings have cut their price, against 25% before the pandemic.
  • Bid near asking. Buyers paid 100.1% of the list price on average; 39% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 65 a month), but June is the most competitive: 47% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (34%). January has the least competition (28%) but only about 25 new listings.

New listings a monthShare sold over asking
017.53552.57020%40%60%Sweet spotJan: 25 new listings a month, 28% sold over asking, 53 days to sellJFeb: 36 new listings a month, 37% sold over asking, 49 days to sellFMar: 55 new listings a month, 34% sold over asking, 37 days to sellMApr: 63 new listings a month, 42% sold over asking, 23 days to sellAMay: 65 new listings a month, 45% sold over asking, 21 days to sellMJun: 62 new listings a month, 47% sold over asking, 21 days to sellJJul: 60 new listings a month, 46% sold over asking, 21 days to sellJAug: 53 new listings a month, 42% sold over asking, 25 days to sellASep: 47 new listings a month, 37% sold over asking, 25 days to sellSOct: 40 new listings a month, 40% sold over asking, 33 days to sellONov: 29 new listings a month, 32% sold over asking, 35 days to sellNDec: 16 new listings a month, 36% sold over asking, 36 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Minnesota

Andover now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price39%36%60%33%
Gone within two weeksShare of homes under contract within 14 days52%48%65%42%
Listings with a price cutShare of homes for sale that cut their price33%25%15%28%
Price paid vs. askingAverage sale price ÷ list price100.1%99.9%102.8%99.2%
Days to sellMedian days from listing to contract30341635
Supply

67 homes for sale on a typical day

That’s 1.4 times the 2021 low (48), 25% fewer than in 2017–19 and well under 2012’s 174.

2012: 174 for sale’122013: 146 for sale2014: 146 for sale2015: 114 for sale’152016: 111 for sale2017: 98 for sale2018: 83 for sale’182019: 88 for sale2020: 83 for sale2021: 48 for sale’212022: 61 for sale2023: 58 for sale2024: 70 for sale’242025: 61 for saleLast 12 months: 67 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against 25% in 2017–19 and 28% across Minnesota. More sellers are pricing high and coming down.

2015: 27%’152016: 28%2017: 26%2018: 25%’182019: 24%2020: 17%2021: 15%’212022: 26%2023: 25%2024: 26%’242025: 31%Last 12 months: 33%Now
Prices by type

Since 2019, houses are up 34%, condos 45%

A house typically sold for $458K in the last year (305 sales), a condo for $227K (8).

$200K$300K$400K$500K2013201520172019202120232025NowHouses 2013: $232K, 474 salesHouses 2014: $238K, 407 salesHouses 2015: $255K, 478 salesHouses 2016: $274K, 528 salesHouses 2017: $297K, 526 salesHouses 2018: $311K, 422 salesHouses 2019: $343K, 531 salesHouses 2020: $367K, 567 salesHouses 2021: $426K, 565 salesHouses 2022: $447K, 441 salesHouses 2023: $439K, 325 salesHouses 2024: $444K, 323 salesHouses 2025: $466K, 325 salesHouses last 12 months: $458K, 305 salesHouses $458KCondos 2013: $117K, 4 salesCondos 2014: $113K, 6 salesCondos 2015: $131K, 7 salesCondos 2016: $124K, 5 salesCondos 2018: $153K, 13 salesCondos 2019: $156K, 8 salesCondos 2021: $179K, 8 salesCondos 2022: $189K, 6 salesCondos 2023: $206K, 9 salesCondos 2024: $240K, 6 salesCondos 2025: $225K, 11 salesCondos last 12 months: $227K, 8 salesCondos $227K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Minnesota

Andover ranks 39th of 144 busy Minnesota markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Andover is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Andover home costs about $2,704 a month

Mortgage
Property tax
Insurance
Rent

Price: Andover’s typical sale, last 12 months. Property tax at Andover’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Andover is affordable on local pay is on Cost of living.

Before you buy in Andover

Six things worth knowing

65

New listings in May

The month with the most choice. December has the fewest, about 16.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $454K home, about $4,020 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Andover, from test results, graduation and how much students grow.

Schools in Andover
25 min

Typical commute

The average one-way trip to work for people who live in Andover.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Ramsey sells for less a square foot

The busier markets within 25 miles of Andover, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Coon Rapids680$342K$19149%22
Ramsey513$385K$18034%35
Andover335$454K$19639%30
Champlin295$376K$19343%27
Ham Lake203$533K$20530%37
Anoka187$336K$19448%28
Oak Grove113$528K$21233%40

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Andover, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Andover. People who follow the town see it, and so do people comparing Andover with their own town. No commission, no listing fee.

Questions about buying a home in Andover

What do homes sell for in Andover, MN?

335 homes sold in the year to May 2026 at a typical $454K, $196 a square foot.

Is Andover a buyer’s or seller’s market?

A balanced market: 96 homes were for sale in May 2026 and 24 sold, about 4 months of supply. Buyers paid 100.1% of asking on average, and 33% of listings cut their price.

When is the best time to buy in Andover?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Andover?

About 0.9% of a home’s value a year. On a $454K home that’s near $4,020.

Where can I see homes for sale in Andover?

Zillow, Redfin, Realtor.com and Homes.com all carry Andover’s MLS listings; the search links above open each one filtered to Andover.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).