$355,000
1,114 SqFt
3 Beds
•1 Full Bath
Listing Office: Edina Realty, Inc.
September 2024
Report Updated 13 Days Ago
Is Andover, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Andover has remained a Seller's Market.
How much do homes in Andover, MN cost?
$450,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Andover was $450,000 in September 2024, up 3.4% from last year, and the median price per square foot was $193.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $184K | - | N/A |
2 Bedrooms | $353K | $380K | +7.6% |
3 Bedrooms | $400K | $374.2K | -6.4% |
4 Bedrooms | $446.6K | $485K | +8.6% |
5+ Bedrooms | $571.7K | $550K | -3.8% |
Summary: Andover housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 3.8%.
How many homes are available in Andover, MN?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
190 | 207 | +8.9% |
Summary: The Andover real estate market had 207 homes for sale in September 2024, a 8.9% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 58 | 68 | +17.2% |
4 Bedrooms | 84 | 91 | +8.3% |
5+ Bedrooms | 41 | 41 | 0.0% |
Summary: The Andover housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
44 | 40 | -9.1% |
21 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Andover in September 2024, down by 9.1% month-over-month. Of the 40 sold homes, 53% were sold under asking, 25% were sold at asking, and 23% were sold over asking.
How long does it take to sell a home in Andover, MN?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
25 Days | 28 Days | +9.5% |
Summary: Homes in Andover had an average of 28 days on market in Sep 2024, up by 9.5% compared to last year.
25 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During September 2024, 40 homes were sold in Andover; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 13 Days Ago
Local real estate agents are ready to help you find a home here.
Connect With An AgentSell your home with an expert or get the job done on your own.
Sell My HomeGet a customizable mortgage solution based on today's rates.
Get ApprovedWhat homes are available in Andover, MN?
See More ListingsWhat housing markets are near Andover, MN?
MLS Disclaimers and Copyright
Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc. for the period 10/01/2022 - 10/01/2024
Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/14/2024, 12:52:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Popular Cities with Homes for Sale in Minnesota
Homes For Sale in Albert Lea, MN
Homes For Sale in Alexandria, MN
Homes For Sale in Austin, MN
Homes For Sale in Blaine, MN
Homes For Sale in Bloomington, MN
Homes For Sale in Brainerd, MN
Homes For Sale in Buffalo, MN
Homes For Sale in Duluth, MN
Homes For Sale in Hastings, MN
Homes For Sale in Hutchinson, MN
Homes For Sale in Lakeville, MN
Homes For Sale in Maple Grove, MN
Homes For Sale in Minneapolis, MN
Homes For Sale in Moorhead, MN
Homes For Sale in Owatonna, MN
Homes For Sale in Plymouth, MN
Homes For Sale in Rochester, MN
Homes For Sale in Saint Cloud, MN
Homes For Sale in Saint Paul, MN
Homes For Sale in Winona, MN
Homes For Sale in Woodbury, MN