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Andover, MN 55304 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Andover, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 4848PendingPending sales: 77
Andover, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $760k$760kSoldMedian sold price (last 6 months): $480k$480k
What homes actually sell for in Andover, MN
Distribution of 404 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $404k to $615k
$300k to $387k: 55 sales$300k$387k to $475k: 119 sales119sales$475k to $562k: 77 sales$475k$562k to $650k: 45 sales$650k to $737k: 33 sales$650k$737k to $825k: 20 sales$825k to $912k: 12 sales$825k$912k to $1000k: 2 salesMedian $480k

What the numbers say

As of October 26, 2026, Resideline is tracking 48 active listings and 7 pending sales in ZIP code 55304. That pending-to-active ratio of 0.15 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $759,900, while the median of the 404 closed sales Resideline tracked over the last six months was $480,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55304 for 101 days.

Frequently asked questions

What is the median home price in 55304?

The median closed sale price in Andover, MN 55304 was $480,000 over the last six months, based on 404 closed sales tracked by Resideline. The middle half of those sales ranged from $403,600 to $615,000.

Is 55304 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 48 active listings in 55304, a pending-to-active ratio of 0.15. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 55304 is currently a faster-moving market.

Nearby ZIP code market data

Full Andover, MN housing market report →

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