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Andover housing market

September 2026 report · NorthstarMLS data via Minneapolis Area REALTORS® · current as of October 7, 2026

  • Median sale price$448K−1.5% vs. prior 12 months
  • Homes sold395past 12 months, +15.8%
  • Days on market40past 12 months
  • Months of supply3.1end of September 2026

The short version

Andover in September 2026

Over the 12 months through September 2026, the median sale price in Andover was $448,400, down 1.5% from the 12 months before.

395 homes sold in that time (up 15.8%), and 604 new listings came on the market (up 16.8%).

Homes that sold spent 40 days on market, and sellers received 98.9% of their original list price.

At the end of September 2026 there were 104 homes for sale, 3.1 months of supply, which usually favors sellers.

Median sale price by month, Andover
300k400k500k600kOct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 2026$441,450Oct 2024$441,450Nov 2024$451,200Dec 2024$467,500Jan 2025$425,000Feb 2025$429,900Mar 2025$439,900Apr 2025$475,000May 2025$451,500Jun 2025$521,250Jul 2025$485,000Aug 2025$462,500Sep 2025$440,000Oct 2025$482,750Nov 2025$417,450Dec 2025$435,500Jan 2026$360,000Feb 2026$420,000Mar 2026$425,000Apr 2026$430,000May 2026$440,000Jun 2026$479,500Jul 2026$444,289Aug 2026$476,409$515,000Sep 2026$515,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$441,450
Nov 2024$451,200
Dec 2024$467,500
Jan 2025$425,000
Feb 2025$429,900
Mar 2025$439,900
Apr 2025$475,000
May 2025$451,500
Jun 2025$521,250
Jul 2025$485,000
Aug 2025$462,500
Sep 2025$440,000
Oct 2025$482,750
Nov 2025$417,450
Dec 2025$435,500
Jan 2026$360,000
Feb 2026$420,000
Mar 2026$425,000
Apr 2026$430,000
May 2026$440,000
Jun 2026$479,500
Jul 2026$444,289
Aug 2026$476,409
Sep 2026$515,000
Homes sold by month, Andover
050100Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026Sep 202632Oct 202432Nov 202426Dec 202418Jan 202527Feb 202517Mar 202521Apr 202531May 202532Jun 202538Jul 202526Aug 202536Sep 202537Oct 202530Nov 202530Dec 202528Jan 202615Feb 202614Mar 202625Apr 202625May 202623Jun 202661Jul 202652Aug 20265631Sep 202631
Show as a table
YearClosed sales
Oct 202432
Nov 202426
Dec 202418
Jan 202527
Feb 202517
Mar 202521
Apr 202531
May 202532
Jun 202538
Jul 202526
Aug 202536
Sep 202537
Oct 202530
Nov 202530
Dec 202528
Jan 202615
Feb 202614
Mar 202625
Apr 202625
May 202623
Jun 202661
Jul 202652
Aug 202656
Sep 202631

All the numbers

Andover vs. a year earlier

September 202612 months through September 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$440,000$515,000+17.0%$455,000$448,400−1.5%
Average sale price$488,668$561,059+14.8%$490,488$496,601+1.2%
Price per square foot$206$224+8.3%$204$203−0.4%
Closed sales3731−16.2%341395+15.8%
New listings6047−21.7%517604+16.8%
Days on market3745+21.6%4440−9.1%
% of original list price received98.8%98.7%−0.1%99.2%98.9%−0.3%
Homes for sale (end of month)82104+26.8%———
Months of supply33.1+3.3%———

Compared with the Twin Cities region (12 months)

AreaMedian priceChangeDays on market% of list receivedMonths of supply
Andover$448,400−1.5%4098.9%3.1
16-county Twin Cities region$395,000+1.3%5098.4%3.2

Source: Minneapolis Area REALTORS® Local Market Update, Andover, September 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of October 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Andover market questions

What is the median home price in Andover, MN?

$448,400 over the 12 months through September 2026, down 1.5% from a year earlier, according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). In September 2026 alone it was $515,000.

How fast are homes selling in Andover?

Homes that sold in the 12 months through September 2026 spent 40 days on market (September 2026: 45 days).

Is Andover a buyer's or seller's market?

At the end of September 2026, Andover had 3.1 months of supply (104 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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