Zip 55304 (Andover, MN) Housing

Andover, MN (55304) has a median housing value of $394,800, which is higher than the United States' median housing value of $338,100. Over the last year, the US house appreciation rate was 8.27%, while Andover had an appreciation rate of 6.82%. Although the appreciation rate for houses in Andover was less than the national average, it still shows a steady increase in the value of homes in this area. The high median housing value indicates that buying or selling a home in Andover can be a profitable endeavor.

The median home cost in Andover (zip 55304) is $394,800. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Andover (zip 55304) is up 11.0%.

Average Age of Homes

- The median age of Andover (zip 55304) real estate is 25 years old

The Rental Market in Andover (zip 55304)

- Renters make up 6.8% of the Andover (zip 55304) population
- 0.0% of houses and apartments in Andover (zip 55304), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Andover, Minnesota	United States
	16,979.0	139,647,020.0
	28	42
	$394,800	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$9.55	$10.98
	$3,206	$2,690
	92.2%	57.4%
	1.9%	11.2%
	5.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	1.0%	2.4%
	0.7%	2.8%
	0.1%	3.9%
	0.2%	4.5%
	1.5%	11.3%
	5.2%	13.0%
	27.8%	20.1%
	34.2%	13.6%
	17.8%	8.3%
	7.8%	9.7%
	1.5%	3.9%
	0.7%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	22.2%	13.6%
	22.2%	13.6%
	28.1%	13.6%
	14.9%	13.2%
	18.3%	14.8%
	28.1%	13.6%
	1.6%	10.0%
	0.5%	4.7%
	1.5%	12.2%

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