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ANDOVER, MN 55304

Real Estate Market Report  ·  Anoka County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
108
⇧ 2.9% vs 105 last year
Pending
40
37% pending ratio
Median Price
$724,900
⇧ 7.6% vs $673,650 last year
Average Price
$845,833
⇧ 9% vs $776,306 last year
Days on Market
59
⇧ 18% vs 50 days last year

Market Context

Population: 49,175  ·  Density: 276.7/mi²  ·  Median household income: $120,854

Typical home value: $378,596  ·  Homeownership: 94.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ANDOVER, MN real estate market (55304) currently shows 108 active listings, with 40 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 50 days last year.

The median listing price has risen 7.6% year-over-year, from $673,650 to $724,900.

Whether you are buying or selling in ANDOVER, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 108 this year vs 105 last year
  • Days on market: 59 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $724,900 (+7.6% YoY)
  • Average: $845,833 (+9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.5 miles — 952 listings ($491,968,827 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55304Andover, MN 553040.0 mi108$91,349,964$724,900$845,833
55011Cedar, MN 550115.9 mi50$32,342,950$664,950$646,859
55449Minneapolis, MN 554496.7 mi101$56,597,168$567,215$560,368
55303Anoka, MN 553038.0 mi150$61,632,300$374,900$410,882
55014Circle Pines, MN 550149.1 mi52$23,842,052$425,000$458,501
55443Minneapolis, MN 5544310.1 mi73$24,361,633$312,450$333,721
55445Minneapolis, MN 5544510.8 mi28$7,634,200$239,900$272,650
55327Dayton, MN 5532711.0 mi40$24,671,640$621,365$616,791
55025Forest Lake, MN 5502511.8 mi67$38,999,695$457,450$582,085
55369Osseo, MN 5536912.6 mi120$69,355,680$569,900$577,964
55126Saint Paul, MN 5512613.3 mi62$33,238,386$379,900$536,103
55429Minneapolis, MN 5542913.7 mi48$12,650,592$281,250$263,554
55428Minneapolis, MN 5542814.5 mi53$15,292,567$305,000$288,539

Frequently Asked Questions

How many homes are for sale in ANDOVER, MN 55304?

As of January 2026, there are 108 active listings in ANDOVER, MN (zip code 55304), compared to 105 the prior year.

What is the median home price in ANDOVER, MN 55304?

The median listing price in ANDOVER, MN 55304 is $724,900 as of January 2026, a 7.6% increase from $673,650 the prior year.

How long do homes stay on the market in ANDOVER, MN?

Homes in ANDOVER, MN 55304 spend an average of 59 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in ANDOVER, MN 55304?

Based on current inventory and days-on-market data as of January 2026, ANDOVER, MN 55304 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 50 days last year.

How much can I save on real estate commission in ANDOVER, MN?

With SELL123.com's maximum 3% commission, sellers in ANDOVER, MN 55304 save an estimated $14,498 compared to a typical 5% commission on the median listing price of $724,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.