Foreclosure Homes in Andover, MN

Current Market Conditions in Andover, MN

The real estate market in Andover is currently showing signs of stability with a slight increase in home prices over the last quarter. Inventory levels have been consistent, allowing buyers a fair range of options. There is also a noticeable demand for larger homes, as families seek more space.

Recent trends indicate a growing interest in Andover due to its appeal as a family-friendly suburb. Buyers are drawn to the community's excellent schools and safety record, suggesting that home values may continue to rise alongside the demand for more spacious housing.

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.