States · Minnesota · Anoka County

Andover, Minnesota.

Typical home $445,687 (+1.6% in a year), asking rent $2,830 . Minneapolis-St. Paul-Bloomington, MN-WI metro.

What it costs per month · Andover $2,339/mo

to buy the typical home at today's mortgage rate — +$1,151 (+97%) since Jan 2020.

What the home itself did
1 year
Up $6,937 +2%
$438,750$445,687 since Sep 2025
5 years
Up $50,800 +13%
$394,887$445,687 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 Andover $2,339 Minnesota $1,831 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • Andover$2,339
  • Minnesota$1,831
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 29 years.

Typical home values in Andover, MN rose 1.6% over the past year — faster than the nation's +1.2%.

Living in Andover, Anoka County, Minnesota

Andover is a city of 32,601 people in Anoka County. Half its households earn more than $137,593 a year and half less, against $101,869 across Anoka County; 3% of its people live below the poverty line. 94% of its homes are lived in by their owners and 6% are rented. Unemployment in Andover was 4.8% in August 2026, and Anoka County had about as many jobs in 2025 as the year before. The most residents work in schools and health care, then manufacturing.

People 32,601 in the 2020 census; median age 39.6
Household income $137,593 the median, give or take $6,076 · Anoka County: $101,869
Unemployment 4.8% Andover, August 2026; 4.0% a year before
Homes 94% lived in by their owners; 6% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Andover is a city in Anoka County where nearly everyone lives in a home they own. Household incomes run well above the county's, and very few residents live below the poverty line. Home values sit on the higher side by Zillow's estimate, and the city has grown into one of the larger communities in the county.

Work. Residents work mostly in schools, hospitals and social care, followed by manufacturing, shops and professional and business services. Some of the largest workplaces in town are Walmart, Target and Andover Elementary. A good number of people work from home, and the typical commute is a moderate one. Unemployment is a little higher than it was a year ago.

Things to do. The Rum River is a short drive away and gives local people a stretch of water to walk beside or paddle. For a longer outing, Target Field is one of the best known ballparks in the region, and the Minneapolis Institute of Art is a major museum, though both are a longer drive away. Winters are cold and snowy, with a mild, warm summer peak in July.

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  • 10,970households
  • 38%of adults have a degree
  • 3%below the poverty line
  • 25 mintypical commute
  • 21%work from home

What residents work in

  • Schools, hospitals and social care21%
  • Manufacturing15%
  • Shops (retail)13%
  • Professional and business services11%
  • Banks, insurance and property8%
  • Building trades7%

Employed residents by industry, from the Census survey. Anoka County had 133,128 jobs in 2025, about as many as the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 22° and 2°; warmest in July, 82° and 60° 0° 20° 40° 60° 80° J 22° 2° F M A M J J 82° 60° A S O N D
Average daily high and low for each month: coldest in January, 22° and 2°; warmest in July, 82° and 60° 0° 20° 40° 60° 80° J 22° 2° F M A M J J 82° 60° A S O N D

Coldest in January, with highs near 22° and lows near 2°; warmest in July, with highs near 82° and lows near 60°. About 44 inches of snow and 29 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Andover 1N weather station, 2 miles away (NOAA).

Largest workplaces in Andover

  1. WalmartWarehouse clubs and supercenters406
  2. Kottkes' Bus Service223
  3. Andover YMCA Community Center202
  4. TargetDiscount department stores201
  5. Andover ElementaryElementary and secondary schools166
  6. Rum River ElementaryElementary and secondary schools130
  7. Oak View MiddleElementary and secondary schools125
  8. Fairview Health Services103

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 21 workplaces with 20 or more staff, 2,263 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Strong windRelatively high
  2. HailRelatively moderate
  3. LightningRelatively moderate
  4. Winter weatherRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Andover’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Anoka County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.

Andover home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$250,000 $300,000 $350,000 $400,000 $450,000 2018 2020 2022 2024 2026 Andover $445,687 Minnesota $348,778 United States $366,157
$250,000 $300,000 $350,000 $400,000 $450,000 2018 2022 2026
  • Andover$445,687
  • Minnesota$348,778
  • United States$366,157
Property tax, 2026 roll $4,254/yr median bill inside Andover, effective 0.93% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

Sellers are cutting prices on about 1 in 3 Andover listings, and the typical home goes pending in 35 days — the market is cooling.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

10% 20% 30% 2022 2023 2024 2025 2026 Andover 29.12% United States 26.90%
10% 20% 30% 2022 2024 2026
  • Andover29.12%
  • United States26.90%

Days to pending

How long the typical listing takes to go under contract.

15 20 25 30 35 2026 Andover 35 United States 27
15 20 25 30 35 2026
  • Andover35
  • United States27

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

50 100 150 2018 2019 2020 2021 2022 2023 2024 2025 2026 Andover 117
50 100 150 2018 2022 2026
  • Andover117

New listings per month

Sellers arriving at the market.

20 40 60 2018 2019 2020 2021 2022 2023 2024 2025 2026 Andover 38
20 40 60 2018 2022 2026
  • Andover38

Median sale price

What buyers actually paid — closed sales, not asking prices.

$375,000 $400,000 $425,000 2026 Andover $427,075 United States $371,407
$375,000 $400,000 $425,000 2026
  • Andover$427,075
  • United States$371,407

Sale-to-list ratio

Above 100%, homes sell over asking; below, buyers negotiate wins.

100.4% 100.6% 100.8% 101.0% 2026 Andover 100.30%
100.4% 100.6% 100.8% 101.0% 2026
  • Andover100.30%

Zip codes with a Andover address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Andover — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Andover