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Foreclosure Homes in Andover, MN 55303

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Andover, MN Foreclosures

How much do homes sell for in Andover, MN?
The average home price is currently $491,710.
In Andover, MN, how many homes are available?
There are currently 105 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 $3,800,500.
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, offers a welcoming community atmosphere with excellent schools and abundant recreational opportunities. Enjoy local shopping, dining, and easy access to the Twin Cities. Residents appreciate the blend of suburban living and outdoor activities, making it an ideal place for families.

Current Market Conditions in Andover, MN

The real estate market in Andover is currently experiencing a steady demand, with families seeking homes in reputable school districts. Properties are selling relatively quickly due to the desirable location and community features, making it a promising area for real estate investment.

Recent trends show a modest increase in home prices in Andover, driven by a limited inventory of homes available for sale. Investors can benefit from this positive market trajectory as the demand for housing continues to rise.

Home Value Estimator For Andover, MN

There are currently 5,676 real estate properties in Andover, MN, with a median automated valuation model (AVM) price of $468,095.00. 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 $491,710.00, with the most expensive house in Andover, MN, topping out at $3,800,500.00 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 55303 Foreclosures

Market Trend for Andover, MN

Total Listings Available: 105

Market Values:

Home Prices from $30,828 to $3,800,500

Average Sales Price: $491,710

Rental Values:

Rental from $940 to $4,450

Average Rent Value: $1,922 / month

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