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Foreclosure Homes in Andover, MN

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Andover, MN Foreclosures

Current Market Conditions in in Andover, MN As of April 2026?
In the last month, Andover's real estate market has remained active with a slight increase in listings, giving potential buyers more options compared to the previous months. However, demand still outweighs supply in many sought-after neighborhoods. The average selling price has seen a modest increase as well, suggesting that buyers are willing to invest in the area despite rising costs. The trend indicates a healthy market where home appreciation is expected to continue as new families move into the community.
How much do homes sell for in Andover, MN?
The average home price is currently $513,914.
In Andover, MN, how many homes are available?
There are currently 53 active home listings available in Andover.
What’s the average rental cost in Andover, MN?
The average rental price in Andover is $1,922.
What is the most expensive home in Andover?
The most expensive home sold in Andover had a price of $22,553,544.
What is currently the cheapest priced home in Andover, MN?
The cheapest home for sale in Andover is priced at $30,828.

Living in Andover, MN

Andover, MN is a vibrant suburban community known for its excellent schools, abundant parks, and quality of life. The city offers a variety of recreational activities and convenient access to major highways, making it ideal for families and commuters. Enjoy the balance of suburban living with the proximity to urban amenities.

Buyer vs Seller Market in Andover, MN

The real estate market in Andover has shown signs of stability with a steady increase in home values over the past year. The demand for homes continues to rise as families are drawn to the community's excellent schools and outdoor amenities.

Median home prices have been on an upward trend, indicating a competitive market where sellers are obtaining good returns on their properties. Homes in desirable neighborhoods are finding buyers quickly, leading to a decrease in average days on the market.

Home Value Estimator For Andover, MN

There are currently 6,439 real estate properties in Andover, MN, with a median automated valuation model (AVM) price of $469,061.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Andover, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Andover, MN, is $513,914.00, with the most expensive house in Andover, MN, topping out at $22,553,544.00 and the cheapest home in Andover, MN, clocking in at $30,828.00. In other words, there’s something for every potential homebuyer or savvy investor in Andover, MN!

Rent Prices In Andover, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Andover, MN, is on a rollercoaster ride. The average rent price in Andover, MN, is $1,922.00. Indeed, when looking to rent in Andover, MN, you can expect to pay as little as $940.00 or as much as $4,450.00, with the average rent median estimated to be $1,900.00. The good news is that finding an affordable and desirable property to rent in Andover, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Andover, MN Foreclosures


Market Trend for Andover, MN

Total Listings Available: 53

Market Values:

Home Prices from $30,828 to $22,553,544

Average Sales Price: $513,914

Rental Values:

Rental from $940 to $4,450

Average Rent Value: $1,922 / month

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